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

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.

1 THE OAKLANDS is a large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £320,201. It was last sold for £220,000 in April 2015, which was around 36% 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	£342,027	36% below HPI
2010 4 MAY	£240,000	£294,104	18% below HPI
2002 10 MAR	£120,000	£182,787	34% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 THE OAKLANDS be worth now?

1 THE OAKLANDS might now be worth an estimated £320,201.

This is based on house price inflation of 45.5%, between April 2015 and March 2025, for detached houses, in the Malvern Hills local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.5% inflationary increase is applied to the most recent sale price for 1 THE OAKLANDS of £220,000 on 15th April 2015. For the value to have increased from £220,000 to £320,201 over the ten years and one month to March 2025, the following assumptions must hold true:

• The value of 1 THE OAKLANDS has moved in line with the HPI for detached houses in the Malvern Hills local authority area.
• The April 2015 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE OAKLANDS has not materially changed since April 2015.

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 houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tenbury Wells, and where 1 THE OAKLANDS lies on this distribution: 70% of detached houses 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.