22, OAKTREE WAY, CANNINGTON, BRIDGWATER, TA5 2RL - £210,000

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

22 OAKTREE WAY is a small extended detached house of 96m², built sometime between 2003 and 2006. It was last sold for £210,000 in January 2008, which was around 30% below the average January 2008 detached price in the Somerset local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

22 OAKTREE WAY Sold Prices

Land registry data shows three sales for 22 OAKTREE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 22 OAKTREE WAY sales were for below 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
2008 4 JAN	£210,000	£299,435	30% below HPI
2007 23 MAR	£230,000	£282,282	19% below HPI
1998 25 SEP	£86,000	£106,118	19% below HPI

22 OAKTREE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 22 OAKTREE WAY sales between September 1998 and January 2008 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2008 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 22 OAKTREE WAY?

22 OAKTREE WAY is 96m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Cannington, based on EPC data. The below chart shows the distribution of detached houses by size in Cannington, and where 22 OAKTREE WAY lies on this distribution: 22% of detached houses are smaller than 22 OAKTREE WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Cannington.

22 OAKTREE WAY: Plot and Title Map

22 OAKTREE WAY sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 22 OAKTREE WAY, 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 22 OAKTREE WAY). 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 22 OAKTREE WAY?

22 OAKTREE WAY is located in CANNINGTON, in the TA5 postcode district. The below map shows the position of No. 22 on OAKTREE WAY.