4, OAKLANDS WAY, MELBOURNE, DERBY, DE73 8LR - £116,000

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

4 OAKLANDS WAY is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £116,000 in September 2000, which was around 18% above the average September 2000 detached price in the South Derbyshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

4 OAKLANDS WAY Sold Prices

Land registry data shows two sales for 4 OAKLANDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 4 OAKLANDS WAY sales were 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
2000 29 SEP	£116,000	£98,101	18% above HPI
1998 29 OCT	£102,000	£79,903	28% above HPI

4 OAKLANDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 4 OAKLANDS WAY sales from October 1998 and September 2000 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 October 1998 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2000 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 4 OAKLANDS WAY?

4 OAKLANDS WAY is 87m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 4 OAKLANDS WAY lies on this distribution: 16% of detached houses are smaller than 4 OAKLANDS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

4 OAKLANDS WAY: Plot and Title Map

4 OAKLANDS WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 4 OAKLANDS 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 4 OAKLANDS 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 4 OAKLANDS WAY?

4 OAKLANDS WAY is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 4 on OAKLANDS WAY.