THE OAKS, BAKERS LANE, WESTLETON, SAXMUNDHAM, IP17 3AZ - £1,125,000

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.

THE OAKS is a very large detached house of 353m², built sometime from 2007 onwards, which could now be worth an estimated £1,361,869. It was last sold for £1,125,000 in September 2019, which was around 222% above the average September 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three THE OAKS 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 27 SEP	£1,125,000	£349,466	222% above HPI
2014 30 SEP	£880,000	£282,948	211% above HPI
2006 1 SEP	£276,150	£237,073	16% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three THE OAKS sales between September 2006 and September 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 September 2014 sale was for 211% above the HPI. So the extrapolation line tracks at 211% above the HPI over time, until the September 2019 sale, where it rises to 222% above the HPI. The line then continues to track at 222% above the HPI.

What might THE OAKS be worth now?

THE OAKS might now be worth an estimated £1,361,869.

This is based on house price inflation of 21.1%, between September 2019 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for THE OAKS of £1,125,000 on 27th September 2019. For the value to have increased from £1,125,000 to £1,361,869 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of THE OAKS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2019 sale price of £1,125,000 represented a fair market value for the property.
• The size, condition, and specification of THE OAKS has not materially changed since September 2019.

How Large is THE OAKS?

THE OAKS is 353m² according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses houses in Westleton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westleton, and where THE OAKS lies on this distribution: 99% of detached houses houses are smaller than THE OAKS, and 1% of houses are larger. Note that EPC data is not available for all properties in Westleton.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.569 of an acre, or 2,303m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on BAKERS LANE in WESTLETON, in the IP17 postcode district. The below map shows the position of THE OAKS on BAKERS LANE.