3, OAK TREE LANE, COOKHILL, ALCESTER, B49 5LH - £487,000

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.

3 OAK TREE LANE is a very small detached house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £528,699. It was last sold for £487,000 in August 2021, which was around 13% above the average August 2021 detached price in the Wychavon local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was A.

3 OAK TREE LANE Sold Prices

Land registry data shows two sales for 3 OAK TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. One of the two 3 OAK TREE LANE sales was for above the average price, whilst the other was 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
2021 27 AUG	£487,000	£429,353	13% above HPI
2013 16 MAY	£230,000	£299,449	23% below HPI

3 OAK TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two 3 OAK TREE LANE sales from May 2013 and August 2021 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 May 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 3 OAK TREE LANE be worth now?

3 OAK TREE LANE might now be worth an estimated £528,699.

This is based on house price inflation of 8.6%, between August 2021 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.6% inflationary increase is applied to the most recent sale price for 3 OAK TREE LANE of £487,000 on 27th August 2021. For the value to have increased from £487,000 to £528,699 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 OAK TREE LANE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The August 2021 sale price of £487,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAK TREE LANE has not materially changed since August 2021.

How Large is 3 OAK TREE LANE?

3 OAK TREE LANE is 58m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses houses in Cookhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cookhill, and where 3 OAK TREE LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 3 OAK TREE LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cookhill.

3 OAK TREE LANE: Plot and Title Map

3 OAK TREE LANE sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 3 OAK TREE LANE, 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 3 OAK TREE LANE). 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 3 OAK TREE LANE?

3 OAK TREE LANE is located in COOKHILL, in the B49 postcode district. The below map shows the position of No. 3 on OAK TREE LANE.