23, OAKLANDS, WORCESTER, WR5 1SL - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 OAKLANDS is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £314,246. It was last sold for £210,000 in June 2015, which was around 25% below the average June 2015 detached price in the Worcester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

23 OAKLANDS Sold Prices

Land registry data shows two sales for 23 OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 23 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
2015 18 JUN	£210,000	£281,849	25% below HPI
2001 18 JUL	£125,000	£146,015	14% below HPI

23 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 23 OAKLANDS sales from July 2001 and June 2015 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 July 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 23 OAKLANDS be worth now?

23 OAKLANDS might now be worth an estimated £314,246.

This is based on house price inflation of 49.6%, between June 2015 and February 2025, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.6% inflationary increase is applied to the most recent sale price for 23 OAKLANDS of £210,000 on 18th June 2015. For the value to have increased from £210,000 to £314,246 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 23 OAKLANDS has moved in line with the HPI for detached houses in the Worcester local authority area.
• The June 2015 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OAKLANDS has not materially changed since June 2015.

How Large is 23 OAKLANDS?

23 OAKLANDS is 76m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 23 OAKLANDS lies on this distribution: 10% of detached houses houses are smaller than 23 OAKLANDS, and 89% of houses are larger. Note that EPC data is not available for all properties in Worcester.

23 OAKLANDS: Plot and Title Map

23 OAKLANDS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 23 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 23 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 23 OAKLANDS?

23 OAKLANDS is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 23 on OAKLANDS.