6, OAKLANDS WAY, MELBOURNE, DERBY, DE73 8LR - £342,500

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

6 OAKLANDS WAY is a small extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £342,500 in September 2020, which was around 25% above the average September 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

6 OAKLANDS WAY Sold Prices

Land registry data shows three sales for 6 OAKLANDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 6 OAKLANDS WAY 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
2020 17 SEP	£342,500	£274,557	25% above HPI
2004 25 MAR	£223,500	£166,770	34% above HPI
1997 3 APR	£84,000	£70,046	20% above HPI

6 OAKLANDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 6 OAKLANDS WAY sales between April 1997 and September 2020 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 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 6 OAKLANDS WAY?

6 OAKLANDS WAY is 103m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 6 OAKLANDS WAY lies on this distribution: 32% of detached houses are smaller than 6 OAKLANDS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

6 OAKLANDS WAY: Plot and Title Map

6 OAKLANDS WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 6 OAKLANDS WAY, 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 6 OAKLANDS WAY). 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 6 OAKLANDS WAY?

6 OAKLANDS WAY is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 6 on OAKLANDS WAY.