3, OAKWOOD DRIVE, WESHAM, PRESTON, PR4 3EW - £194,950

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 OAKWOOD DRIVE is a very small detached house of 91m², which could now be worth an estimated £285,965. It was last sold for £194,950 in June 2015, which was around 27% below the average June 2015 detached price in the Fylde local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was B.

3 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. One of the two 3 OAKWOOD DRIVE sales was for below the average price, whilst the other was for above 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 26 JUN	£194,950	£268,135	27% below HPI
2014 21 MAR	£895,986	£264,835	238% above HPI

3 OAKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 3 OAKWOOD DRIVE sales from March 2014 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 March 2014 sale was for 238% above the HPI. So the extrapolation line tracks at 238% above the HPI over time, until the June 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 OAKWOOD DRIVE be worth now?

3 OAKWOOD DRIVE might now be worth an estimated £285,965.

This is based on house price inflation of 46.7%, between June 2015 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for 3 OAKWOOD DRIVE of £194,950 on 26th June 2015. For the value to have increased from £194,950 to £285,965 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 3 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The June 2015 sale price of £194,950 represented a fair market value for the property.
• The size, condition, and specification of 3 OAKWOOD DRIVE has not materially changed since June 2015.

How Large is 3 OAKWOOD DRIVE?

3 OAKWOOD DRIVE is 91m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wesham, and where 3 OAKWOOD DRIVE lies on this distribution: 19% of detached houses houses are smaller than 3 OAKWOOD DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Wesham.

3 OAKWOOD DRIVE: Plot and Title Map

3 OAKWOOD DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 OAKWOOD 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 OAKWOOD 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 OAKWOOD DRIVE?

3 OAKWOOD DRIVE is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 3 on OAKWOOD DRIVE.