Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 OAKWOOD MEWS is a very small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £127,000 in April 2019, which was around 44% below the average April 2019 detached price in the Bassetlaw local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 3 OAKWOOD MEWS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. All of the four 3 OAKWOOD MEWS 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 5 APR | £127,000 | £225,028 | 44% below HPI |
2006 24 NOV | £116,500 | £189,182 | 38% below HPI |
2004 7 MAY | £75,650 | £149,901 | 50% below HPI |
2002 19 DEC | £69,950 | £116,651 | 40% below HPI |
The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The four 3 OAKWOOD MEWS sales between December 2002 and April 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 November 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.
3 OAKWOOD MEWS is 61m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses by size in Worksop, and where 3 OAKWOOD MEWS lies on this distribution: 1% of detached houses are smaller than 3 OAKWOOD MEWS, and 99% of houses are larger. Note that EPC data is not available for all properties in Worksop.
3 OAKWOOD MEWS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 OAKWOOD MEWS, 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 MEWS). 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.
3 OAKWOOD MEWS is located in WORKSOP, in the S80 postcode district. The below map shows the position of No. 3 on OAKWOOD MEWS.