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
42 OAK TREE ROAD is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £435,000 in October 2014, which was around 32% below the average October 2014 detached price in the Waverley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 42 OAK TREE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the five 42 OAK TREE ROAD 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 |
---|---|---|---|
2014 17 OCT | £435,000 | £639,344 | 32% below HPI |
2011 23 JUN | £425,000 | £530,593 | 20% below HPI |
2004 22 DEC | £325,000 | £408,700 | 20% below HPI |
2002 22 NOV | £250,000 | £386,083 | 35% below HPI |
1996 15 NOV | £134,000 | £164,034 | 18% below HPI |
The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The five 42 OAK TREE ROAD sales between November 1996 and October 2014 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 June 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
42 OAK TREE ROAD is 113m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where 42 OAK TREE ROAD lies on this distribution: 51% of detached houses are smaller than 42 OAK TREE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Milford.
42 OAK TREE ROAD sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 42 OAK TREE ROAD, 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 42 OAK TREE ROAD). 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.
42 OAK TREE ROAD is located in MILFORD, in the GU8 postcode district. The below map shows the position of No. 42 on OAK TREE ROAD.