OAKRIDGE, LOWER PRIORY, MILFORD HAVEN, SA73 3UA - £270,000

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.

OAKRIDGE is a midsized detached house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £271,207. It was last sold for £270,000 in February 2023, which was around 16% below the average February 2023 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

OAKRIDGE Sold Prices

Land registry data shows two sales for OAKRIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. Both of the two OAKRIDGE 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
2023 22 FEB	£270,000	£320,214	16% below HPI
2017 9 MAY	£220,000	£224,211	2% below HPI

OAKRIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two OAKRIDGE sales from May 2017 and February 2023 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 May 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might OAKRIDGE be worth now?

OAKRIDGE might now be worth an estimated £271,207.

This is based on house price inflation of 0.4%, between February 2023 and May 2026, for detached houses, in the Pembrokeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.4% inflationary increase is applied to the most recent sale price for OAKRIDGE of £270,000 on 22nd February 2023. For the value to have increased from £270,000 to £271,207 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of OAKRIDGE has moved in line with the HPI for detached houses in the Pembrokeshire local authority area.
• The February 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of OAKRIDGE has not materially changed since February 2023.

How Large is OAKRIDGE?

OAKRIDGE is 114m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses houses in Milford Haven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milford Haven, and where OAKRIDGE lies on this distribution: 46% of detached houses houses are smaller than OAKRIDGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Milford Haven.

OAKRIDGE: Plot and Title Map

OAKRIDGE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of OAKRIDGE, 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 OAKRIDGE). 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 OAKRIDGE?

OAKRIDGE is located in LOWER PRIORY, in the SA73 postcode district. The below map shows the position of OAKRIDGE in LOWER PRIORY.