OAKFIELD, BONEHILL ROAD, MILE OAK, TAMWORTH, B78 3PS - £139,970

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAKFIELD is a very small detached house of 57m². It was last sold for £139,970 in March 2010, which was around 51% below the average March 2010 detached price in the Lichfield local authority area. The most recent EPC inspection was November 2009, where the current energy rating was G, and the potential energy rating was F.

OAKFIELD Sold Prices

Land registry data shows two sales for OAKFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two OAKFIELD 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
2010 24 MAR	£139,970	£285,447	51% below HPI
1999 23 JUL	£91,000	£122,793	26% below HPI

OAKFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two OAKFIELD sales from July 1999 and March 2010 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 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2010 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is OAKFIELD?

OAKFIELD is 57m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where OAKFIELD lies on this distribution: 2% of detached houses are smaller than OAKFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.438 of an acre, or 1,772m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on BONEHILL ROAD in MILE OAK, in the B78 postcode district. The below map shows the position of OAKFIELD on BONEHILL ROAD.