OAKLANDS, DRAPERY COMMON, GLEMSFORD, SUDBURY, CO10 7RW - £258,500

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.

OAKLANDS is a very small extended detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £300,609. It was last sold for £258,500 in February 2018, which was around 39% below the average February 2018 detached price in the Babergh local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows five sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the five OAKLANDS 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
2018 16 FEB	£258,500	£422,318	39% below HPI
2006 10 NOV	£192,000	£280,297	32% below HPI
2004 1 SEP	£172,500	£254,533	32% below HPI
1998 22 JUN	£79,950	£103,823	23% below HPI
1998 23 JAN	£83,000	£99,701	17% below HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The five OAKLANDS sales between January 1998 and February 2018 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 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £300,609.

This is based on house price inflation of 16.3%, between February 2018 and March 2025, for detached houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for OAKLANDS of £258,500 on 16th February 2018. For the value to have increased from £258,500 to £300,609 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Babergh local authority area.
• The February 2018 sale price of £258,500 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since February 2018.

How Large is OAKLANDS?

OAKLANDS is 56m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses houses in Glemsford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Glemsford, and where OAKLANDS lies on this distribution: 2% of detached houses houses are smaller than OAKLANDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Glemsford.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.074 of an acre, or 301m². 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 DRAPERY COMMON in GLEMSFORD, in the CO10 postcode district. The below map shows the position of OAKLANDS on DRAPERY COMMON.