OAK HOUSE, TOFTS FARM, FARMER STREET, BRADMORE, NOTTINGHAM, NG11 6PE - £585,000

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.

OAK HOUSE is a large extended detached house of 234m², built sometime between 1996 and 2002, which could now be worth an estimated £833,280. It was last sold for £585,000 in February 2017, which was around 67% above the average February 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

OAK HOUSE Sold Prices

Land registry data shows two sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two OAK HOUSE 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
2017 14 FEB	£585,000	£351,191	67% above HPI
2014 18 JUL	£560,000	£291,931	92% above HPI

OAK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two OAK HOUSE sales from July 2014 and February 2017 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 July 2014 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the February 2017 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might OAK HOUSE be worth now?

OAK HOUSE might now be worth an estimated £833,280.

This is based on house price inflation of 42.4%, between February 2017 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.4% inflationary increase is applied to the most recent sale price for OAK HOUSE of £585,000 on 14th February 2017. For the value to have increased from £585,000 to £833,280 over the eight years to February 2025, the following assumptions must hold true:

• The value of OAK HOUSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2017 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of OAK HOUSE has not materially changed since February 2017.

How Large is OAK HOUSE?

OAK HOUSE is 234m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of detached houses houses in Bradmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradmore, and where OAK HOUSE lies on this distribution: 78% of detached houses houses are smaller than OAK HOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bradmore.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE, TOFTS FARM is located on FARMER STREET in BRADMORE, in the NG11 postcode district. The below map shows the position of OAK HOUSE, TOFTS FARM on FARMER STREET.