5, OAK DRIVE, SCHOLAR GREEN, STOKE-ON-TRENT, ST7 3LY - £393,000

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

5 OAK DRIVE is a very large extended detached house of 197m², built sometime between 2003 and 2006. It was last sold for £393,000 in December 2018, which was around 8% above the average December 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

5 OAK DRIVE Sold Prices

Land registry data shows two sales for 5 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 5 OAK DRIVE 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
2018 19 DEC	£393,000	£365,155	8% above HPI
2003 28 MAR	£315,000	£198,016	59% above HPI

5 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 5 OAK DRIVE sales from March 2003 and December 2018 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 March 2003 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 OAK DRIVE?

5 OAK DRIVE is 197m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Scholar Green, based on EPC data. The below chart shows the distribution of detached houses by size in Scholar Green, and where 5 OAK DRIVE lies on this distribution: 95% of detached houses are smaller than 5 OAK DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Scholar Green.

5 OAK DRIVE: Plot and Title Map

5 OAK DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 5 OAK DRIVE, 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 5 OAK DRIVE). 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 5 OAK DRIVE?

5 OAK DRIVE is located in SCHOLAR GREEN, in the ST7 postcode district. The below map shows the position of No. 5 on OAK DRIVE.