OAKLEA, CROFT ROAD, HOLCOMBE, RADSTOCK, BA3 5EE - £530,000

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.

OAKLEA is a midsized extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £509,097. It was last sold for £530,000 in December 2022, which was around 13% above the average December 2022 detached price in the Somerset local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

OAKLEA Sold Prices

Land registry data shows four sales for OAKLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. two of the four OAKLEA sales were for above the average price, and four 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
2022 2 DEC	£530,000	£470,348	13% above HPI
2012 22 JUN	£270,000	£276,806	2% below HPI
2009 25 AUG	£249,950	£266,950	6% below HPI
2004 23 DEC	£285,000	£264,037	8% above HPI

OAKLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four OAKLEA sales between December 2004 and December 2022 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 June 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might OAKLEA be worth now?

OAKLEA might now be worth an estimated £509,097.

This is based on house price deflation of 3.9%, between December 2022 and April 2026, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% deflationary decrease is applied to the most recent sale price for OAKLEA of £530,000 on 2nd December 2022. For the value to have decreased from £530,000 to £509,097 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of OAKLEA has moved in line with the HPI for detached houses in the Somerset local authority area.
• The December 2022 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLEA has not materially changed since December 2022.

How Large is OAKLEA?

OAKLEA is 133m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Holcombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holcombe, and where OAKLEA lies on this distribution: 55% of detached houses houses are smaller than OAKLEA, and 44% of houses are larger. Note that EPC data is not available for all properties in Holcombe.

OAKLEA: Plot and Title Map

OAKLEA sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of OAKLEA, 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 OAKLEA). 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 OAKLEA?

OAKLEA is located on CROFT ROAD in HOLCOMBE, in the BA3 postcode district. The below map shows the position of OAKLEA on CROFT ROAD.