OAKLANDS, UNDERBANK ROAD, THORNTON-CLEVELEYS, FY5 5LN - £310,000

OAKLANDS is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £310,000 in December 2017, which was around 35% above the average December 2017 detached price in the Wyre local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows two sales for OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre local authority area for the corresponding sale date. Both of the two 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
2017 20 DEC	£310,000	£229,171	35% above HPI
2015 15 OCT	£297,000	£211,043	41% above HPI

OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre local authority area over time, sourced from the HPI. The two OAKLANDS sales from October 2015 and December 2017 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 October 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 99m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Thornton, based on EPC data. The below chart shows the distribution of detached houses by size in Thornton, and where OAKLANDS lies on this distribution: 39% of detached houses are smaller than OAKLANDS, and 61% of houses are larger. Note that EPC data is not available for all properties in Thornton.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.260 of an acre, or 1,053m². 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 UNDERBANK ROAD in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of OAKLANDS on UNDERBANK ROAD.