31, OAK TREE WAY, HARLESTON, IP20 9EL - £275,000

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.

31 OAK TREE WAY is a very large extended detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £308,193. It was last sold for £275,000 in July 2021, which was around 27% below the average July 2021 detached price in the South Norfolk local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

31 OAK TREE WAY Sold Prices

Land registry data shows three sales for 31 OAK TREE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 31 OAK TREE WAY 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 23 JUL	£275,000	£378,301	27% below HPI
2002 23 AUG	£145,000	£170,564	15% below HPI
1997 12 JUN	£73,000	£81,590	11% below HPI

31 OAK TREE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 31 OAK TREE WAY sales between June 1997 and July 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 August 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 31 OAK TREE WAY be worth now?

31 OAK TREE WAY might now be worth an estimated £308,193.

This is based on house price inflation of 12.1%, between July 2021 and June 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.1% inflationary increase is applied to the most recent sale price for 31 OAK TREE WAY of £275,000 on 23rd July 2021. For the value to have increased from £275,000 to £308,193 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 31 OAK TREE WAY has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The July 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OAK TREE WAY has not materially changed since July 2021.

How Large is 31 OAK TREE WAY?

31 OAK TREE WAY is 138m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 20% of detached houses houses in Harleston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harleston, and where 31 OAK TREE WAY lies on this distribution: 83% of detached houses houses are smaller than 31 OAK TREE WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Harleston.

31 OAK TREE WAY: Plot and Title Map

31 OAK TREE WAY sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 31 OAK TREE WAY, 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 31 OAK TREE WAY). 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 31 OAK TREE WAY?

31 OAK TREE WAY is located in HARLESTON, in the IP20 postcode district. The below map shows the position of No. 31 on OAK TREE WAY.