OAKFIELD, RECTORY ROAD, ALDERBURY, SALISBURY, SP5 3AD - £385,000

OAKFIELD is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £385,000 in October 2016, which was around 2% below the average October 2016 detached price in the Wiltshire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

OAKFIELD Sold Prices

Land registry data shows three sales for OAKFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three OAKFIELD 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
2016 28 OCT	£385,000	£391,741	2% below HPI
2015 12 NOV	£236,000	£367,280	36% below HPI
1996 29 NOV	£80,000	£104,896	24% below HPI

OAKFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three OAKFIELD sales between November 1996 and October 2016 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is OAKFIELD?

OAKFIELD is 90m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Alderbury, based on EPC data. The below chart shows the distribution of detached houses by size in Alderbury, and where OAKFIELD lies on this distribution: 8% of detached houses are smaller than OAKFIELD, and 90% of houses are larger. Note that EPC data is not available for all properties in Alderbury.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on RECTORY ROAD in ALDERBURY, in the SP5 postcode district. The below map shows the position of OAKFIELD on RECTORY ROAD.