OAKLEA, PAVEMENT LANE, MOBBERLEY, KNUTSFORD, WA16 7EJ - £317,500

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.

OAKLEA is a midsized detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £518,819. It was last sold for £317,500 in April 2014, which was around 8% above the average April 2014 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was A.

OAKLEA Sold Prices

Land registry data shows two sales for OAKLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. One of the two OAKLEA 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
2014 16 APR	£317,500	£295,146	8% above HPI
1996 22 NOV	£90,000	£99,468	10% below HPI

OAKLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two OAKLEA sales from November 1996 and April 2014 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 November 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might OAKLEA be worth now?

OAKLEA might now be worth an estimated £518,819.

This is based on house price inflation of 63.4%, between April 2014 and February 2025, for detached houses, in the Cheshire East local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.4% inflationary increase is applied to the most recent sale price for OAKLEA of £317,500 on 16th April 2014. For the value to have increased from £317,500 to £518,819 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of OAKLEA has moved in line with the HPI for detached houses in the Cheshire East local authority area.
• The April 2014 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of OAKLEA has not materially changed since April 2014.

How Large is OAKLEA?

OAKLEA is 140m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses houses in Mobberley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mobberley, and where OAKLEA lies on this distribution: 55% of detached houses houses are smaller than OAKLEA, and 45% of houses are larger. Note that EPC data is not available for all properties in Mobberley.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on PAVEMENT LANE in MOBBERLEY, in the WA16 postcode district. The below map shows the position of OAKLEA on PAVEMENT LANE.