OAKSIDE, LODGE DROVE, WOODFALLS, SALISBURY, SP5 2NH - £515,000

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.

OAKSIDE is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £588,360. It was last sold for £515,000 in September 2021, which was around 13% above the average September 2021 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

OAKSIDE Sold Prices

Land registry data shows two sales for OAKSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. One of the two OAKSIDE 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
2021 29 SEP	£515,000	£454,969	13% above HPI
2014 23 MAY	£270,000	£332,279	19% below HPI

OAKSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two OAKSIDE sales from May 2014 and September 2021 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 May 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might OAKSIDE be worth now?

OAKSIDE might now be worth an estimated £588,360.

This is based on house price inflation of 14.2%, between September 2021 and February 2025, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.2% inflationary increase is applied to the most recent sale price for OAKSIDE of £515,000 on 29th September 2021. For the value to have increased from £515,000 to £588,360 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of OAKSIDE has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The September 2021 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of OAKSIDE has not materially changed since September 2021.

How Large is OAKSIDE?

OAKSIDE is 68m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodfalls, and where OAKSIDE lies on this distribution: 7% of detached houses houses are smaller than OAKSIDE, and 93% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

OAKSIDE: Plot and Title Map

OAKSIDE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of OAKSIDE, 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 OAKSIDE). 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 OAKSIDE?

OAKSIDE is located on LODGE DROVE in WOODFALLS, in the SP5 postcode district. The below map shows the position of OAKSIDE on LODGE DROVE.