38, OAKTREE WAY, CANNINGTON, BRIDGWATER, TA5 2RL - £210,000

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 OAKTREE WAY is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £210,000 in September 2008, which was around 24% below the average September 2008 detached price in the Somerset local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

38 OAKTREE WAY Sold Prices

Land registry data shows four sales for 38 OAKTREE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the four 38 OAKTREE WAY 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
2008 12 SEP	£210,000	£276,442	24% below HPI
2007 3 SEP	£211,000	£299,585	30% below HPI
2005 7 OCT	£195,000	£257,853	24% below HPI
2004 26 MAR	£188,000	£236,827	21% below HPI

38 OAKTREE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four 38 OAKTREE WAY sales between March 2004 and September 2008 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 September 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2008 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 38 OAKTREE WAY?

38 OAKTREE WAY is 84m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Cannington, based on EPC data. The below chart shows the distribution of detached houses by size in Cannington, and where 38 OAKTREE WAY lies on this distribution: 10% of detached houses are smaller than 38 OAKTREE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Cannington.

38 OAKTREE WAY: Plot and Title Map

38 OAKTREE WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 38 OAKTREE WAY, 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 OAKTREE WAY). 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 OAKTREE WAY?

38 OAKTREE WAY is located in CANNINGTON, in the TA5 postcode district. The below map shows the position of No. 38 on OAKTREE WAY.