1, THE OAKLANDS, TENBURY WELLS, WR15 8FB - £220,000

1 THE OAKLANDS is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £220,000 in April 2015, which was around 32% below the average April 2015 detached price in the Malvern Hills local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

1 THE OAKLANDS Sold Prices

Land registry data shows three sales for 1 THE OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. All of the three 1 THE OAKLANDS sales were 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
2015 15 APR	£220,000	£322,026	32% below HPI
2010 4 MAY	£240,000	£276,905	13% below HPI
2002 10 MAR	£120,000	£172,098	30% below HPI

1 THE OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The three 1 THE OAKLANDS sales between March 2002 and April 2015 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 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2015 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 THE OAKLANDS?

1 THE OAKLANDS is 131m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Tenbury Wells, and where 1 THE OAKLANDS lies on this distribution: 70% of detached houses are smaller than 1 THE OAKLANDS, and 30% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

1 THE OAKLANDS: Plot and Title Map

1 THE OAKLANDS sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 1 THE OAKLANDS, 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 1 THE OAKLANDS). 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 1 THE OAKLANDS?

1 THE OAKLANDS is located in TENBURY WELLS, in the WR15 postcode district. The below map shows the position of No. 1 on THE OAKLANDS.