7, OAKFIELD DRIVE, LEYLAND, PR26 7XE - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 OAKFIELD DRIVE is a very small detached house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £293,490. It was last sold for £270,000 in July 2022, which was around 9% below the average July 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was May 2012, where the current energy rating was A, and the potential energy rating was A.

7 OAKFIELD DRIVE Sold Prices

Land registry data shows three sales for 7 OAKFIELD DRIVE 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 Ribble local authority area for the corresponding sale date. All of the three 7 OAKFIELD DRIVE 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
2022 8 JUL	£270,000	£297,957	9% below HPI
2020 15 DEC	£218,500	£261,595	16% below HPI
2011 18 MAR	£167,000	£212,042	21% below HPI

7 OAKFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 7 OAKFIELD DRIVE sales between March 2011 and July 2022 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 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 OAKFIELD DRIVE be worth now?

7 OAKFIELD DRIVE might now be worth an estimated £293,490.

This is based on house price inflation of 8.7%, between July 2022 and February 2025, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 7 OAKFIELD DRIVE of £270,000 on 8th July 2022. For the value to have increased from £270,000 to £293,490 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 7 OAKFIELD DRIVE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OAKFIELD DRIVE has not materially changed since July 2022.

How Large is 7 OAKFIELD DRIVE?

7 OAKFIELD DRIVE is 57m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses houses in Leyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leyland, and where 7 OAKFIELD DRIVE lies on this distribution: 1% of detached houses houses are smaller than 7 OAKFIELD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leyland.

7 OAKFIELD DRIVE: Plot and Title Map

7 OAKFIELD DRIVE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 7 OAKFIELD 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 OAKFIELD 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 OAKFIELD DRIVE?

7 OAKFIELD DRIVE is located in LEYLAND, in the PR26 postcode district. The below map shows the position of No. 7 on OAKFIELD DRIVE.