2, OAK DRIVE, SAWBRIDGEWORTH, CM21 0AH - £745,000

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.

2 OAK DRIVE is a large extended detached house of 173m², built sometime between 1976 and 1982, which could now be worth an estimated £837,529. It was last sold for £745,000 in May 2021, which was around 2% below the average May 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

2 OAK DRIVE Sold Prices

Land registry data shows two sales for 2 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 2 OAK DRIVE 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
2021 13 MAY	£745,000	£762,901	2% below HPI
2005 15 NOV	£400,000	£429,955	7% below HPI

2 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 2 OAK DRIVE sales from November 2005 and May 2021 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 November 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 OAK DRIVE be worth now?

2 OAK DRIVE might now be worth an estimated £837,529.

This is based on house price inflation of 12.4%, between May 2021 and March 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.4% inflationary increase is applied to the most recent sale price for 2 OAK DRIVE of £745,000 on 13th May 2021. For the value to have increased from £745,000 to £837,529 over the four years and two months to March 2025, the following assumptions must hold true:

• The value of 2 OAK DRIVE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The May 2021 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK DRIVE has not materially changed since May 2021.

How Large is 2 OAK DRIVE?

2 OAK DRIVE is 173m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sawbridgeworth, and where 2 OAK DRIVE lies on this distribution: 71% of detached houses houses are smaller than 2 OAK DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

2 OAK DRIVE: Plot and Title Map

2 OAK DRIVE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 2 OAK DRIVE, 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 2 OAK DRIVE). 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 2 OAK DRIVE?

2 OAK DRIVE is located in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 2 on OAK DRIVE.