2, THE OASIS, HAGLEY, STOURBRIDGE, DY9 0AT - £543,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 THE OASIS is a large extended detached house of 187m², built sometime between 1996 and 2002. It was last sold for £543,000 in April 2018, which was around 30% above the average April 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

2 THE OASIS Sold Prices

Land registry data shows two sales for 2 THE OASIS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 2 THE OASIS sales were 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
2018 20 APR	£543,000	£417,689	30% above HPI
2002 22 MAR	£330,000	£190,385	73% above HPI

2 THE OASIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 2 THE OASIS sales from March 2002 and April 2018 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 March 2002 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the April 2018 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 THE OASIS?

2 THE OASIS is 187m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 30% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 2 THE OASIS lies on this distribution: 72% of detached houses are smaller than 2 THE OASIS, and 27% of houses are larger. Note that EPC data is not available for all properties in Hagley.

2 THE OASIS: Plot and Title Map

2 THE OASIS sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 2 THE OASIS, 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 OASIS). 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 OASIS?

2 THE OASIS is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 2 on THE OASIS.