OAKLANDS, TOWER HOUSE LANE, WRAXALL, BRISTOL, BS48 1JR - £1,250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAKLANDS is a large extended detached house of 233m², built sometime between 1967 and 1975, which could now be worth an estimated £1,541,621. It was last sold for £1,250,000 in July 2019, which was around 194% above the average July 2019 detached price in the North Somerset local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Somerset local authority area for the corresponding sale date. Both of the two OAKLANDS 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
2019 19 JUL	£1,250,000	£425,629	194% above HPI
2012 15 JUN	£450,000	£285,206	58% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Somerset local authority area over time, sourced from the HPI. The two OAKLANDS sales from June 2012 and July 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 June 2012 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2019 sale, where it rises to 194% above the HPI. The line then continues to track at 194% above the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £1,541,621.

This is based on house price inflation of 23.3%, between July 2019 and December 2024, for detached houses, in the North Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for OAKLANDS of £1,250,000 on 19th July 2019. For the value to have increased from £1,250,000 to £1,541,621 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the North Somerset local authority area.
• The July 2019 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since July 2019.

How Large is OAKLANDS?

OAKLANDS is 233m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses houses in West Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hill, and where OAKLANDS lies on this distribution: 64% of detached houses houses are smaller than OAKLANDS, and 36% of houses are larger. Note that EPC data is not available for all properties in West Hill.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.669 of an acre, or 2,706m². 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 TOWER HOUSE LANE in WRAXALL, in the BS48 postcode district. The below map shows the position of OAKLANDS on TOWER HOUSE LANE.