38, OAKLANDS CLOSE, HILL RIDWARE, RUGELEY, WS15 3RJ - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 OAKLANDS CLOSE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £205,000 in October 2013, which was around 30% below the average October 2013 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

38 OAKLANDS CLOSE Sold Prices

Land registry data shows two sales for 38 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 38 OAKLANDS CLOSE 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
2013 9 OCT	£205,000	£292,805	30% below HPI
2011 9 DEC	£180,000	£285,751	37% below HPI

38 OAKLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 38 OAKLANDS CLOSE sales from December 2011 and October 2013 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 December 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 OAKLANDS CLOSE?

38 OAKLANDS CLOSE is 98m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 38 OAKLANDS CLOSE lies on this distribution: 26% of detached houses are smaller than 38 OAKLANDS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

38 OAKLANDS CLOSE: Plot and Title Map

38 OAKLANDS CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 38 OAKLANDS CLOSE, 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 38 OAKLANDS CLOSE). 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 38 OAKLANDS CLOSE?

38 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 38 on OAKLANDS CLOSE.