OAK HOUSE, RED HILL LANE, WORCESTER, WR5 2JL - £620,000

OAK HOUSE is a very large extended detached house of 214m², built sometime between 2007 and 2011. It was last sold for £620,000 in June 2021, which was around 66% above the average June 2021 detached price in the Worcester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows three sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the three OAK HOUSE 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
2021 28 JUN	£620,000	£374,441	66% above HPI
2010 24 SEP	£499,950	£260,391	92% above HPI
2007 17 AUG	£385,000	£277,569	39% above HPI

OAK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three OAK HOUSE sales between August 2007 and June 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 September 2010 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the June 2021 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 214m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where OAK HOUSE lies on this distribution: 97% of detached houses are smaller than OAK HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Worcester.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on RED HILL LANE in WORCESTER, in the WR5 postcode district. The below map shows the position of OAK HOUSE on RED HILL LANE.