48, OAK TREE ROAD, MILFORD, GODALMING, GU8 5JJ - £395,000

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

48 OAK TREE ROAD is a very small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £395,000 in June 2014, which was around 35% below the average June 2014 detached price in the Waverley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

48 OAK TREE ROAD Sold Prices

Land registry data shows two sales for 48 OAK TREE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. Both of the two 48 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 6 JUN	£395,000	£606,525	35% below HPI
2010 20 DEC	£175,000	£526,963	67% below HPI

48 OAK TREE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 48 OAK TREE ROAD sales from December 2010 and June 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 December 2010 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the June 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 48 OAK TREE ROAD?

48 OAK TREE ROAD is 71m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Milford, based on EPC data. The below chart shows the distribution of detached houses by size in Milford, and where 48 OAK TREE ROAD lies on this distribution: 8% of detached houses are smaller than 48 OAK TREE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Milford.

48 OAK TREE ROAD: Plot and Title Map

48 OAK TREE ROAD sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 48 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 48 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.

Where is 48 OAK TREE ROAD?

48 OAK TREE ROAD is located in MILFORD, in the GU8 postcode district. The below map shows the position of No. 48 on OAK TREE ROAD.