OAKLANDS, CASTLE ROAD, RAGLAN, USK, NP15 2JZ - £450,000

OAKLANDS is a large extended detached house of 137m², built sometime before 1900. It was last sold for £450,000 in May 2021, which was around 5% above the average May 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three OAKLANDS 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 27 MAY	£450,000	£428,273	5% above HPI
2005 21 SEP	£380,000	£269,003	41% above HPI
2002 18 SEP	£230,000	£179,642	28% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three OAKLANDS sales between September 2002 and May 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 2005 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 137m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Raglan, based on EPC data. The below chart shows the distribution of detached houses by size in Raglan, and where OAKLANDS lies on this distribution: 74% of detached houses are smaller than OAKLANDS, and 26% of houses are larger. Note that EPC data is not available for all properties in Raglan.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on CASTLE ROAD in RAGLAN, in the NP15 postcode district. The below map shows the position of OAKLANDS on CASTLE ROAD.