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
28 OAKLANDS CLOSE is a small extended detached house of 94m², built sometime between 1983 and 1990. It was last sold for £220,000 in December 2018, which was around 43% below the average December 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 28 OAKLANDS CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 28 OAKLANDS CLOSE 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 |
---|---|---|---|
2018 17 DEC | £220,000 | £382,668 | 43% below HPI |
2004 18 FEB | £158,950 | £228,296 | 30% below HPI |
2002 26 MAR | £95,000 | £162,670 | 42% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The three 28 OAKLANDS CLOSE sales between March 2002 and December 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 February 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
28 OAKLANDS CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 28 OAKLANDS CLOSE lies on this distribution: 23% of detached houses are smaller than 28 OAKLANDS CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.
28 OAKLANDS CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 28 OAKLANDS CLOSE, 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 28 OAKLANDS CLOSE). 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.
28 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 28 on OAKLANDS CLOSE.