Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 OAKWOOD CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £155,000 in October 2019, which was around 14% below the average October 2019 detached price in the Blackpool local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 5 OAKWOOD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. Most of the four 5 OAKWOOD CLOSE 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 |
---|---|---|---|
2019 11 OCT | £155,000 | £179,396 | 14% below HPI |
2018 3 AUG | £170,000 | £176,354 | 4% below HPI |
2015 25 FEB | £170,000 | £158,865 | 7% above HPI |
1998 28 MAY | £74,000 | £75,681 | 2% below HPI |
The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The four 5 OAKWOOD CLOSE sales between May 1998 and October 2019 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 August 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
5 OAKWOOD CLOSE is 74m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 5 OAKWOOD CLOSE lies on this distribution: 8% of detached houses are smaller than 5 OAKWOOD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Blackpool.
5 OAKWOOD CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 5 OAKWOOD CLOSE, 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 OAKWOOD CLOSE). 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.
5 OAKWOOD CLOSE is located in BLACKPOOL, in the FY4 postcode district. The below map shows the position of No. 5 on OAKWOOD CLOSE.