3, OAKLANDS DRIVE, WISBECH, PE13 3RY - £250,000

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 OAKLANDS DRIVE is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £257,951. It was last sold for £250,000 in December 2021, which was around 18% below the average December 2021 detached price in the Fenland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

3 OAKLANDS DRIVE Sold Prices

Land registry data shows four sales for 3 OAKLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the four 3 OAKLANDS DRIVE 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
2021 7 DEC	£250,000	£305,073	18% below HPI
2012 18 APR	£127,000	£170,328	25% below HPI
2006 21 SEP	£156,500	£186,066	16% below HPI
1995 12 DEC	£38,500	£57,462	33% below HPI

3 OAKLANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The four 3 OAKLANDS DRIVE sales between December 1995 and December 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 April 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 OAKLANDS DRIVE be worth now?

3 OAKLANDS DRIVE might now be worth an estimated £257,951.

This is based on house price inflation of 3.2%, between December 2021 and February 2025, for detached houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 3 OAKLANDS DRIVE of £250,000 on 7th December 2021. For the value to have increased from £250,000 to £257,951 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 OAKLANDS DRIVE has moved in line with the HPI for detached houses in the Fenland local authority area.
• The December 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKLANDS DRIVE has not materially changed since December 2021.

How Large is 3 OAKLANDS DRIVE?

3 OAKLANDS DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses houses in Wisbech, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisbech, and where 3 OAKLANDS DRIVE lies on this distribution: 68% of detached houses houses are smaller than 3 OAKLANDS DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Wisbech.

3 OAKLANDS DRIVE: Plot and Title Map

3 OAKLANDS DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 3 OAKLANDS DRIVE, 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 OAKLANDS DRIVE). 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 OAKLANDS DRIVE?

3 OAKLANDS DRIVE is located in WISBECH, in the PE13 postcode district. The below map shows the position of No. 3 on OAKLANDS DRIVE.