2, OAKTREE WAY, CANNINGTON, BRIDGWATER, TA5 2RL - £190,000

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.

2 OAKTREE WAY is a detached house, which could now be worth an estimated £343,939. It was last sold for £190,000 in May 2004, which was around 24% below the average May 2004 detached price in the Somerset local authority area.

2 OAKTREE WAY Sold Prices

Land registry data shows three sales for 2 OAKTREE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Two of the three 2 OAKTREE WAY sales were for below the average price, whilst one was 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
2004 10 MAY	£190,000	£249,584	24% below HPI
2001 11 OCT	£124,000	£163,266	24% below HPI
1997 27 JUN	£99,995	£95,188	5% above HPI

What might 2 OAKTREE WAY be worth now?

2 OAKTREE WAY might now be worth an estimated £343,939.

This is based on house price inflation of 81%, between May 2004 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 81% inflationary increase is applied to the most recent sale price for 2 OAKTREE WAY of £190,000 on 10th May 2004. For the value to have increased from £190,000 to £343,939 over the 22 years and one month to April 2026, the following assumptions must hold true:

• The value of 2 OAKTREE WAY has moved in line with the HPI for detached houses in the Somerset local authority area.
• The May 2004 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKTREE WAY has not materially changed since May 2004.

Where is 2 OAKTREE WAY?

2 OAKTREE WAY is located in CANNINGTON, in the TA5 postcode district.