2, THE OAKLANDS, BROADMEADOWS, ALFRETON, DE55 3BN - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE OAKLANDS is a very small extended detached house of 72m², built sometime between 1991 and 1995. It was last sold for £235,000 in February 2024, which was around 5% below the average February 2024 detached price in the Bolsover local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE OAKLANDS Sold Prices

Land registry data shows three sales for 2 THE OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. Two of the three 2 THE OAKLANDS sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 29 FEB	£235,000	£247,880	5% below HPI
2018 5 OCT	£175,000	£182,364	4% below HPI
1999 17 DEC	£58,950	£57,312	3% above HPI

2 THE OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 2 THE OAKLANDS sales between December 1999 and February 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 THE OAKLANDS?

2 THE OAKLANDS is 72m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in South Normanton, based on EPC data. The below chart shows the distribution of detached houses by size in South Normanton, and where 2 THE OAKLANDS lies on this distribution: 15% of detached houses are smaller than 2 THE OAKLANDS, and 84% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

2 THE OAKLANDS: Plot and Title Map

2 THE OAKLANDS sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 2 THE OAKLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 THE OAKLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 THE OAKLANDS?

2 THE OAKLANDS is located in BROADMEADOWS, in the DE55 postcode district. The below map shows the position of No. 2 on THE OAKLANDS.