4, OAK VIEW, SARN, NEWTOWN, SY16 4DQ - £300,000

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.

4 OAK VIEW is a large detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £314,076. It was last sold for £300,000 in May 2023, which was around 3% below the average May 2023 detached price in the Powys local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

4 OAK VIEW Sold Prices

Land registry data shows five sales for 4 OAK VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Most of the five 4 OAK VIEW 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
2023 3 MAY	£300,000	£310,544	3% below HPI
2020 27 NOV	£232,000	£267,248	13% below HPI
2016 14 DEC	£187,500	£230,777	19% below HPI
2016 16 NOV	£200,000	£230,183	13% below HPI
2004 30 SEP	£190,000	£184,670	3% above HPI

4 OAK VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The five 4 OAK VIEW sales between September 2004 and May 2023 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 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 OAK VIEW be worth now?

4 OAK VIEW might now be worth an estimated £314,076.

This is based on house price inflation of 4.7%, between May 2023 and May 2026, for detached houses, in the Powys local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 4 OAK VIEW of £300,000 on 3rd May 2023. For the value to have increased from £300,000 to £314,076 over the three years to May 2026, the following assumptions must hold true:

• The value of 4 OAK VIEW has moved in line with the HPI for detached houses in the Powys local authority area.
• The May 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAK VIEW has not materially changed since May 2023.

How Large is 4 OAK VIEW?

4 OAK VIEW is 127m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Sarn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sarn, and where 4 OAK VIEW lies on this distribution: 64% of detached houses houses are smaller than 4 OAK VIEW, and 34% of houses are larger. Note that EPC data is not available for all properties in Sarn.

4 OAK VIEW: Plot and Title Map

4 OAK VIEW sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 4 OAK VIEW, 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 4 OAK VIEW). 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 4 OAK VIEW?

4 OAK VIEW is located in SARN, in the SY16 postcode district. The below map shows the position of No. 4 on OAK VIEW.