2, OAKLANDS CLOSE, WAREHAM, BH20 5DB - £330,000

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 OAKLANDS CLOSE is a midsized detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £490,835. It was last sold for £330,000 in February 2014, which was around 5% below the average February 2014 detached price in the Dorset local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2 OAKLANDS CLOSE Sold Prices

Land registry data shows four sales for 2 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Two of the four 2 OAKLANDS CLOSE sales were for below the average price, whilst one was 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
2014 18 FEB	£330,000	£346,756	5% below HPI
2007 18 MAY	£305,000	£333,523	9% below HPI
2005 1 MAR	£295,000	£293,869	Close to HPI
1996 28 NOV	£118,725	£102,686	16% above HPI

2 OAKLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The four 2 OAKLANDS CLOSE sales between November 1996 and February 2014 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 OAKLANDS CLOSE be worth now?

2 OAKLANDS CLOSE might now be worth an estimated £490,835.

This is based on house price inflation of 48.7%, between February 2014 and April 2026, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.7% inflationary increase is applied to the most recent sale price for 2 OAKLANDS CLOSE of £330,000 on 18th February 2014. For the value to have increased from £330,000 to £490,835 over the eleven years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 OAKLANDS CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The February 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKLANDS CLOSE has not materially changed since February 2014.

How Large is 2 OAKLANDS CLOSE?

2 OAKLANDS CLOSE is 131m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Stoborough Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoborough Green, and where 2 OAKLANDS CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 OAKLANDS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Stoborough Green.

2 OAKLANDS CLOSE: Plot and Title Map

2 OAKLANDS CLOSE sits on a plot of roughly 0.302 of an acre, or 1,224m². The below map shows the location of 2 OAKLANDS CLOSE, 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 OAKLANDS CLOSE). 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 OAKLANDS CLOSE?

2 OAKLANDS CLOSE is located in WAREHAM, in the BH20 postcode district. The below map shows the position of No. 2 on OAKLANDS CLOSE.