THE OAKS, FENWICK DRIVE, BRACKLA, BRIDGEND, CF31 2LD - £320,000

THE OAKS is a very large detached house of 160m², built sometime between 1996 and 2002. It was last sold for £320,000 in May 2018, which was around 43% above the average May 2018 detached price in the Bridgend local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

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 Bridgend 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
2018 31 MAY	£320,000	£223,017	43% above HPI
2007 25 APR	£320,000	£190,137	68% above HPI
1998 8 MAY	£123,000	£76,975	60% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The three THE OAKS sales between May 1998 and May 2018 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 April 2007 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the May 2018 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is THE OAKS?

THE OAKS is 160m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgend, and where THE OAKS lies on this distribution: 88% of detached houses are smaller than THE OAKS, and 12% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.204 of an acre, or 826m². 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 FENWICK DRIVE in BRACKLA, in the CF31 postcode district. The below map shows the position of THE OAKS on FENWICK DRIVE.