OAKDENE, PRESTON OLD ROAD, CLIFTON, PRESTON, PR4 0YB - £178,000

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 detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £229,594. It was last sold for £178,000 in January 2019, which was around 42% below the average January 2019 detached price in the Fylde local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

OAKDENE Sold Prices

Land registry data shows two sales for OAKDENE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two OAKDENE 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
2019 10 JAN	£178,000	£304,931	42% below HPI
2016 21 OCT	£145,000	£280,152	48% below HPI

OAKDENE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two OAKDENE sales from October 2016 and January 2019 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 October 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might OAKDENE be worth now?

OAKDENE might now be worth an estimated £229,594.

This is based on house price inflation of 29%, between January 2019 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29% inflationary increase is applied to the most recent sale price for OAKDENE of £178,000 on 10th January 2019. For the value to have increased from £178,000 to £229,594 over the five years and eleven 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 Fylde local authority area.
• The January 2019 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of OAKDENE has not materially changed since January 2019.

How Large is OAKDENE?

OAKDENE is 94m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Clifton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Clifton, and where OAKDENE lies on this distribution: 12% of detached houses houses are smaller than OAKDENE, and 88% of houses are larger. Note that EPC data is not available for all properties in Clifton.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.089 of an acre, or 361m². 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 PRESTON OLD ROAD in CLIFTON, in the PR4 postcode district. The below map shows the position of OAKDENE on PRESTON OLD ROAD.