OAKRIDGE, CHILWORTH ROAD, CHILWORTH, SOUTHAMPTON, SO16 7LA - £825,000

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.

OAKRIDGE is a small detached house of 245m², built sometime between 1900 and 1929, which could now be worth an estimated £1,716,193. It was last sold for £825,000 in August 2003, which was around 178% above the average August 2003 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.

OAKRIDGE Sold Prices

Land registry data shows two sales for OAKRIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two OAKRIDGE 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
2003 29 AUG	£825,000	£296,472	178% above HPI
1995 27 NOV	£285,000	£117,135	143% above HPI

OAKRIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two OAKRIDGE sales from November 1995 and August 2003 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 1995 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the August 2003 sale, where it rises to 178% above the HPI. The line then continues to track at 178% above the HPI.

What might OAKRIDGE be worth now?

OAKRIDGE might now be worth an estimated £1,716,193.

This is based on house price inflation of 108%, between August 2003 and February 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108% inflationary increase is applied to the most recent sale price for OAKRIDGE of £825,000 on 29th August 2003. For the value to have increased from £825,000 to £1,716,193 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of OAKRIDGE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2003 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of OAKRIDGE has not materially changed since August 2003.

How Large is OAKRIDGE?

OAKRIDGE is 245m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Chilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilworth, and where OAKRIDGE lies on this distribution: 39% of detached houses houses are smaller than OAKRIDGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chilworth.

OAKRIDGE: Plot and Title Map

OAKRIDGE sits on a plot of roughly 2.1 acres, or 8,561m². The below map shows the location of OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

OAKRIDGE is located on CHILWORTH ROAD in CHILWORTH, in the SO16 postcode district. The below map shows the position of OAKRIDGE on CHILWORTH ROAD.