3, OAKLANDS RISE, BRIDGEND, CF31 4SP - £172,000

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 RISE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £244,570. It was last sold for £172,000 in August 2019, which was around 26% below the average August 2019 detached price in the Bridgend local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

3 OAKLANDS RISE Sold Prices

Land registry data shows four sales for 3 OAKLANDS RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. Most of the four 3 OAKLANDS RISE 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
2019 13 AUG	£172,000	£231,458	26% below HPI
2009 11 JUN	£135,000	£161,786	17% below HPI
2003 12 NOV	£130,000	£124,835	4% above HPI
2002 1 NOV	£90,000	£96,036	6% below HPI

3 OAKLANDS RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The four 3 OAKLANDS RISE sales between November 2002 and August 2019 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 June 2009 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 OAKLANDS RISE be worth now?

3 OAKLANDS RISE might now be worth an estimated £244,570.

This is based on house price inflation of 42.2%, between August 2019 and February 2025, for detached houses, in the Bridgend local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.2% inflationary increase is applied to the most recent sale price for 3 OAKLANDS RISE of £172,000 on 13th August 2019. For the value to have increased from £172,000 to £244,570 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 OAKLANDS RISE has moved in line with the HPI for detached houses in the Bridgend local authority area.
• The August 2019 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKLANDS RISE has not materially changed since August 2019.

How Large is 3 OAKLANDS RISE?

3 OAKLANDS RISE is 65m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bridgend, and where 3 OAKLANDS RISE lies on this distribution: 3% of detached houses houses are smaller than 3 OAKLANDS RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

3 OAKLANDS RISE: Plot and Title Map

3 OAKLANDS RISE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 OAKLANDS RISE, 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 RISE). 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 RISE?

3 OAKLANDS RISE is located in BRIDGEND, in the CF31 postcode district. The below map shows the position of No. 3 on OAKLANDS RISE.