THE OAKS, HAYWOOD LANE, CHESWARDINE, MARKET DRAYTON, TF9 2RP - £435,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE OAKS is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £435,000 in August 2022, which was around 13% above the average August 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2014, 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 Shropshire local authority area for the corresponding sale date. Two of the three THE OAKS sales were for above the average price, whilst one 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
2022 19 AUG	£435,000	£384,303	13% above HPI
2017 23 JUN	£274,200	£289,363	5% below HPI
2001 22 AUG	£145,995	£137,742	6% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three THE OAKS sales between August 2001 and August 2022 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 June 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE OAKS?

THE OAKS is 135m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Cheswardine, based on EPC data. The below chart shows the distribution of detached houses by size in Cheswardine, and where THE OAKS lies on this distribution: 75% of detached houses are smaller than THE OAKS, and 25% of houses are larger. Note that EPC data is not available for all properties in Cheswardine.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.115 of an acre, or 465m². 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 HAYWOOD LANE in CHESWARDINE, in the TF9 postcode district. The below map shows the position of THE OAKS on HAYWOOD LANE.