FAIR OAK, WHARF ROAD, GNOSALL, STAFFORD, ST20 0DA - £240,000

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

FAIR OAK is a midsized detached house of 117m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2015, which was around 4% below the average February 2015 detached price in the Stafford local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

FAIR OAK Sold Prices

Land registry data shows four sales for FAIR OAK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the four FAIR OAK 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
2015 16 FEB	£240,000	£248,943	4% below HPI
2013 16 DEC	£227,000	£238,768	5% below HPI
2002 31 MAY	£132,000	£138,054	4% below HPI
1995 10 FEB	£69,200	£77,527	11% below HPI

FAIR OAK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The four FAIR OAK sales between February 1995 and February 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 December 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FAIR OAK?

FAIR OAK is 117m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses in Gnosall Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Gnosall Heath, and where FAIR OAK lies on this distribution: 60% of detached houses are smaller than FAIR OAK, and 40% of houses are larger. Note that EPC data is not available for all properties in Gnosall Heath.

FAIR OAK: Plot and Title Map

FAIR OAK sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of FAIR OAK, 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 FAIR OAK). 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 FAIR OAK?

FAIR OAK is located on WHARF ROAD in GNOSALL, in the ST20 postcode district. The below map shows the position of FAIR OAK on WHARF ROAD.