OAKDENE, FAULKNERS LANE, MOBBERLEY, KNUTSFORD, WA16 7AL - £640,000

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.

OAKDENE is a very small extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £763,653. It was last sold for £640,000 in June 2021, which was around 58% above the average June 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

OAKDENE Sold Prices

Land registry data shows three sales for OAKDENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three OAKDENE 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
2021 30 JUN	£640,000	£404,197	58% above HPI
2002 25 SEP	£333,000	£182,521	82% above HPI
1998 23 FEB	£155,000	£103,775	49% above HPI

OAKDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three OAKDENE sales between February 1998 and June 2021 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 September 2002 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the June 2021 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might OAKDENE be worth now?

OAKDENE might now be worth an estimated £763,653.

This is based on house price inflation of 19.3%, between June 2021 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for OAKDENE of £640,000 on 30th June 2021. For the value to have increased from £640,000 to £763,653 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of OAKDENE has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The June 2021 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of OAKDENE has not materially changed since June 2021.

How Large is OAKDENE?

OAKDENE is 119m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Knolls Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knolls Green, and where OAKDENE lies on this distribution: 17% of detached houses houses are smaller than OAKDENE, and 83% of houses are larger. Note that EPC data is not available for all properties in Knolls Green.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of OAKDENE, 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 OAKDENE). 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 OAKDENE?

OAKDENE is located on FAULKNERS LANE in MOBBERLEY, in the WA16 postcode district. The below map shows the position of OAKDENE on FAULKNERS LANE.