8, OAKTREE CLOSE, WAREHAM, BH20 5BP - £450,000

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.

8 OAKTREE CLOSE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £434,366. It was last sold for £450,000 in October 2023, which was around 16% below the average October 2023 detached price in the Dorset local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was B.

8 OAKTREE CLOSE Sold Prices

Land registry data shows two sales for 8 OAKTREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 8 OAKTREE CLOSE 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 2 OCT	£450,000	£534,321	16% below HPI
1996 31 JUL	£82,500	£99,124	17% below HPI

8 OAKTREE 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 two 8 OAKTREE CLOSE sales from July 1996 and October 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 July 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 OAKTREE CLOSE be worth now?

8 OAKTREE CLOSE might now be worth an estimated £434,366.

This is based on house price deflation of 3.5%, between October 2023 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 3.5% deflationary decrease is applied to the most recent sale price for 8 OAKTREE CLOSE of £450,000 on 2nd October 2023. For the value to have decreased from £450,000 to £434,366 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 8 OAKTREE CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The October 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKTREE CLOSE has not materially changed since October 2023.

How Large is 8 OAKTREE CLOSE?

8 OAKTREE CLOSE is 90m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses houses in Stoborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoborough, and where 8 OAKTREE CLOSE lies on this distribution: 27% of detached houses houses are smaller than 8 OAKTREE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Stoborough.

8 OAKTREE CLOSE: Plot and Title Map

8 OAKTREE CLOSE sits on a plot of roughly 0.216 of an acre, or 874m². The below map shows the location of 8 OAKTREE 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 8 OAKTREE 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 8 OAKTREE CLOSE?

8 OAKTREE CLOSE is located in WAREHAM, in the BH20 postcode district. The below map shows the position of No. 8 on OAKTREE CLOSE.