22, THE OAKLANDS, TENBURY WELLS, WR15 8FB - £325,000

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 THE OAKLANDS is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £325,000 in September 2022, which was around 28% below the average September 2022 detached price in the Malvern Hills local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

22 THE OAKLANDS Sold Prices

Land registry data shows three sales for 22 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 Malvern Hills local authority area for the corresponding sale date. All of the three 22 THE OAKLANDS 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
2022 16 SEP	£325,000	£453,726	28% below HPI
2015 16 MAR	£232,000	£322,805	28% below HPI
2002 7 JUN	£121,750	£190,809	36% below HPI

22 THE OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The three 22 THE OAKLANDS sales between June 2002 and September 2022 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, which was also at 28% below the HPI.

How Large is 22 THE OAKLANDS?

22 THE OAKLANDS is 118m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where 22 THE OAKLANDS lies on this distribution: 58% of detached houses are smaller than 22 THE OAKLANDS, and 41% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

22 THE OAKLANDS: Plot and Title Map

22 THE OAKLANDS sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 22 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 22 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 22 THE OAKLANDS?

22 THE OAKLANDS is located in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of No. 22 on THE OAKLANDS.