OAKLANDS, FACKLEY ROAD, TEVERSAL, SUTTON-IN-ASHFIELD, NG17 3HL - £185,000

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

OAKLANDS is a small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £185,000 in September 2020, which was around 12% below the average September 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. The three OAKLANDS sales were a mix of below the average price, and roughly equal to 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
2020 18 SEP	£185,000	£211,011	12% below HPI
2003 29 AUG	£120,000	£120,218	Close to HPI
1999 19 JUL	£59,950	£63,738	6% below HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The three OAKLANDS sales between July 1999 and September 2020 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 August 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is OAKLANDS?

OAKLANDS is 75m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Stanton Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Stanton Hill, and where OAKLANDS lies on this distribution: 28% of detached houses are smaller than OAKLANDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Stanton Hill.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on FACKLEY ROAD in TEVERSAL, in the NG17 postcode district. The below map shows the position of OAKLANDS on FACKLEY ROAD.