45, OAKLANDS, WORCESTER, WR5 1SL - £193,000

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

45 OAKLANDS is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £193,000 in January 2023, which was around 54% below the average January 2023 detached price in the Worcester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

45 OAKLANDS Sold Prices

Land registry data shows three sales for 45 OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three 45 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 20 JAN	£193,000	£420,887	54% below HPI
2000 22 SEP	£59,950	£135,822	56% below HPI
1998 11 DEC	£50,000	£101,421	51% below HPI

45 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 three 45 OAKLANDS sales between December 1998 and January 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 September 2000 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2023 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 45 OAKLANDS?

45 OAKLANDS is 53m² according to the EPC inspection conducted in February 2020. 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 45 OAKLANDS lies on this distribution: 1% of detached houses are smaller than 45 OAKLANDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Worcester.

45 OAKLANDS: Plot and Title Map

45 OAKLANDS sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 45 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 45 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 45 OAKLANDS?

45 OAKLANDS is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 45 on OAKLANDS.