OAKLANDS, VICARAGE HILL, ABERAERON, SA46 0DY - £303,500

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.

OAKLANDS is a large extended detached house of 138m², built sometime between 1900 and 1929, which could now be worth an estimated £384,123. It was last sold for £303,500 in March 2017, which was around 31% above the average March 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

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 Ceredigion local authority area for the corresponding sale date. All of the three 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
2017 27 MAR	£303,500	£230,930	31% above HPI
2010 7 JAN	£290,000	£223,801	30% above HPI
1999 31 MAR	£95,000	£67,958	40% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ceredigion local authority area over time, sourced from the HPI. The three OAKLANDS sales between March 1999 and March 2017 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 January 2010 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £384,123.

This is based on house price inflation of 26.6%, between March 2017 and March 2025, for detached houses, in the Ceredigion local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.6% inflationary increase is applied to the most recent sale price for OAKLANDS of £303,500 on 27th March 2017. For the value to have increased from £303,500 to £384,123 over the eight years to March 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The March 2017 sale price of £303,500 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since March 2017.

How Large is OAKLANDS?

OAKLANDS is 138m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Aberaeron, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aberaeron, and where OAKLANDS lies on this distribution: 62% of detached houses houses are smaller than OAKLANDS, and 38% of houses are larger. Note that EPC data is not available for all properties in Aberaeron.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.130 of an acre, or 528m². 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 VICARAGE HILL in ABERAERON, in the SA46 postcode district. The below map shows the position of OAKLANDS on VICARAGE HILL.