8, OAKLANDS WAY, MELBOURNE, DERBY, DE73 8LR - £300,000

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

8 OAKLANDS WAY is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £300,000 in August 2015, which was around 28% above the average August 2015 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 OAKLANDS WAY Sold Prices

Land registry data shows two sales for 8 OAKLANDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 8 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
2015 28 AUG	£300,000	£234,365	28% above HPI
2001 3 AUG	£134,950	£106,733	26% above HPI

8 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 two 8 OAKLANDS WAY sales from August 2001 and August 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 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2015 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8 OAKLANDS WAY?

8 OAKLANDS WAY is 93m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 8 OAKLANDS WAY lies on this distribution: 25% of detached houses are smaller than 8 OAKLANDS WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

8 OAKLANDS WAY: Plot and Title Map

8 OAKLANDS WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8 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 8 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 8 OAKLANDS WAY?

8 OAKLANDS WAY is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 8 on OAKLANDS WAY.