8, OAKLANDS CLOSE, HILL RIDWARE, RUGELEY, WS15 3RJ - £295,000

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

8 OAKLANDS CLOSE is a small extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2014, which was around 4% below the average August 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

8 OAKLANDS CLOSE Sold Prices

Land registry data shows four sales for 8 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Most of the four 8 OAKLANDS 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
2014 1 AUG	£295,000	£305,703	4% below HPI
2012 3 AUG	£205,000	£282,951	28% below HPI
1998 24 APR	£122,000	£111,506	9% above HPI
1995 7 APR	£83,000	£87,642	5% below HPI

8 OAKLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The four 8 OAKLANDS CLOSE sales between April 1995 and August 2014 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8 OAKLANDS CLOSE?

8 OAKLANDS CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 8 OAKLANDS CLOSE lies on this distribution: 32% of detached houses are smaller than 8 OAKLANDS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

8 OAKLANDS CLOSE: Plot and Title Map

8 OAKLANDS CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 8 OAKLANDS 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 8 OAKLANDS 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.

Where is 8 OAKLANDS CLOSE?

8 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 8 on OAKLANDS CLOSE.