OAK TREE HOUSE, BASSETT WOOD DRIVE, SOUTHAMPTON, SO16 3PT - £525,000

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

OAK TREE HOUSE is a very large extended detached house of 265m², built sometime between 1996 and 2002. It was last sold for £525,000 in August 2006, which was around 117% above the average August 2006 detached price in the Southampton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

OAK TREE HOUSE Sold Prices

Land registry data shows two sales for OAK TREE 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 Southampton local authority area for the corresponding sale date. Both of the two OAK TREE 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
2006 1 AUG	£525,000	£242,006	117% above HPI
1997 25 JUL	£235,000	£90,399	160% above HPI

OAK TREE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two OAK TREE HOUSE sales from July 1997 and August 2006 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 1997 sale was for 160% above the HPI. So the extrapolation line tracks at 160% above the HPI over time, until the August 2006 sale, where it falls to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is OAK TREE HOUSE?

OAK TREE HOUSE is 265m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where OAK TREE HOUSE lies on this distribution: 99% of detached houses are smaller than OAK TREE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Southampton.

OAK TREE HOUSE: Plot and Title Map

OAK TREE HOUSE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of OAK TREE 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 TREE 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 TREE HOUSE?

OAK TREE HOUSE is located on BASSETT WOOD DRIVE in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of OAK TREE HOUSE on BASSETT WOOD DRIVE.