OAKFIELD BUNGALOW, ROSE BANK, CLAINES, WORCESTER, WR3 7ST - £362,000

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 BUNGALOW is a large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £362,000 in July 2015, which was around 8% above the average July 2015 detached price in the Wychavon local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

OAKFIELD BUNGALOW Sold Prices

Land registry data shows two sales for OAKFIELD BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. One of the two OAKFIELD BUNGALOW sales was for above the average price, whilst the other was 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
2015 23 JUL	£362,000	£336,415	8% above HPI
2008 18 APR	£164,000	£311,127	47% below HPI

OAKFIELD BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two OAKFIELD BUNGALOW sales from April 2008 and July 2015 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 April 2008 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is OAKFIELD BUNGALOW?

OAKFIELD BUNGALOW is 153m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where OAKFIELD BUNGALOW lies on this distribution: 68% of detached houses are smaller than OAKFIELD BUNGALOW, and 31% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

OAKFIELD BUNGALOW: Plot and Title Map

OAKFIELD BUNGALOW sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of OAKFIELD BUNGALOW, 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 BUNGALOW). 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 BUNGALOW?

OAKFIELD BUNGALOW is located on ROSE BANK in CLAINES, in the WR3 postcode district. The below map shows the position of OAKFIELD BUNGALOW on ROSE BANK.