7, OAK DRIVE, COLWALL, MALVERN, WR13 6RA - £345,000

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

7 OAK DRIVE is a midsized detached house of 138m², built sometime between 1976 and 1982. It was last sold for £345,000 in January 2015, which was around 20% above the average January 2015 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

7 OAK DRIVE Sold Prices

Land registry data shows two sales for 7 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 Herefordshire local authority area for the corresponding sale date. Both of the two 7 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
2015 8 JAN	£345,000	£288,587	20% above HPI
1998 4 AUG	£172,500	£103,793	66% above HPI

7 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 7 OAK DRIVE sales from August 1998 and January 2015 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 1998 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the January 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 OAK DRIVE?

7 OAK DRIVE is 138m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Colwall Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Colwall Stone, and where 7 OAK DRIVE lies on this distribution: 50% of detached houses are smaller than 7 OAK DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Colwall Stone.

7 OAK DRIVE: Plot and Title Map

7 OAK DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 7 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 7 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 7 OAK DRIVE?

7 OAK DRIVE is located in COLWALL, in the WR13 postcode district. The below map shows the position of No. 7 on OAK DRIVE.