4, OAKRIDGE WAY, STAFFORD, ST17 0PS - £282,500

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 OAKRIDGE WAY is a small extended semi-detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £374,596. It was last sold for £282,500 in July 2019, which was around 54% above the average July 2019 semi-detached price in the Stafford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

4 OAKRIDGE WAY Sold Prices

Land registry data shows three sales for 4 OAKRIDGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Stafford local authority area for the corresponding sale date. All of the three 4 OAKRIDGE WAY sales were 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
2019 11 JUL	£282,500	£183,212	54% above HPI
2016 7 OCT	£186,000	£167,782	11% above HPI
2004 16 MAR	£159,950	£117,364	36% above HPI

4 OAKRIDGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stafford local authority area over time, sourced from the HPI. The three 4 OAKRIDGE WAY sales between March 2004 and July 2019 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 October 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 4 OAKRIDGE WAY be worth now?

4 OAKRIDGE WAY might now be worth an estimated £374,596.

This is based on house price inflation of 32.6%, between July 2019 and July 2025, for semi-detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.6% inflationary increase is applied to the most recent sale price for 4 OAKRIDGE WAY of £282,500 on 11th July 2019. For the value to have increased from £282,500 to £374,596 over the six years to July 2025, the following assumptions must hold true:

• The value of 4 OAKRIDGE WAY has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The July 2019 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKRIDGE WAY has not materially changed since July 2019.

How Large is 4 OAKRIDGE WAY?

4 OAKRIDGE WAY is 98m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of semi-detached houses houses in Stafford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stafford, and where 4 OAKRIDGE WAY lies on this distribution: 34% of semi-detached houses houses are smaller than 4 OAKRIDGE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Stafford.

4 OAKRIDGE WAY: Plot and Title Map

4 OAKRIDGE WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 OAKRIDGE 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 4 OAKRIDGE 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 4 OAKRIDGE WAY?

4 OAKRIDGE WAY is located in STAFFORD, in the ST17 postcode district. The below map shows the position of No. 4 on OAKRIDGE WAY.