OAK TREE, OWLETTS END, PINVIN, PERSHORE, WR10 2EX - £480,000

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.

OAK TREE is a midsized detached house of 144m², which could now be worth an estimated £562,796. It was last sold for £480,000 in June 2020, which was around 22% above the average June 2020 detached price in the Wychavon local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

OAK TREE Sold Prices

Land registry data shows two sales for OAK TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two OAK TREE 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
2020 3 JUN	£480,000	£392,836	22% above HPI
2017 11 APR	£455,000	£360,955	26% above HPI

OAK TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two OAK TREE sales from April 2017 and June 2020 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 April 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might OAK TREE be worth now?

OAK TREE might now be worth an estimated £562,796.

This is based on house price inflation of 17.2%, between June 2020 and June 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for OAK TREE of £480,000 on 3rd June 2020. For the value to have increased from £480,000 to £562,796 over the five years to June 2025, the following assumptions must hold true:

• The value of OAK TREE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The June 2020 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of OAK TREE has not materially changed since June 2020.

How Large is OAK TREE?

OAK TREE is 144m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses houses in Pinvin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pinvin, and where OAK TREE lies on this distribution: 49% of detached houses houses are smaller than OAK TREE, and 51% of houses are larger. Note that EPC data is not available for all properties in Pinvin.

OAK TREE: Plot and Title Map

OAK TREE sits on a plot of roughly 0.227 of an acre, or 919m². The below map shows the location of OAK TREE, 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 TREE). 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 TREE?

OAK TREE is located on OWLETTS END in PINVIN, in the WR10 postcode district. The below map shows the position of OAK TREE on OWLETTS END.