38, OAKLANDS, WORCESTER, WR5 1SL - £207,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

38 OAKLANDS is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £207,000 in July 2023, which was around 49% below the average July 2023 detached price in the Worcester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

38 OAKLANDS Sold Prices

Land registry data shows two sales for 38 OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 38 OAKLANDS 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
2023 27 JUL	£207,000	£407,187	49% below HPI
2008 30 APR	£135,000	£275,819	51% below HPI

38 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 38 OAKLANDS sales from April 2008 and July 2023 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 2008 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2023 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 38 OAKLANDS?

38 OAKLANDS is 52m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 38 OAKLANDS lies on this distribution: 1% of detached houses are smaller than 38 OAKLANDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Worcester.

38 OAKLANDS: Plot and Title Map

38 OAKLANDS sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 38 OAKLANDS, 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). 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?

38 OAKLANDS is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 38 on OAKLANDS.