THE OAKS, BURGHILL, HEREFORD, HR4 7RJ - £540,000

THE OAKS is a very large extended detached house of 340m², built sometime before 1900. It was last sold for £540,000 in March 2019, which was around 63% above the average March 2019 detached price in the Herefordshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was F, and the potential energy rating was D.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Two of the three THE OAKS sales were for above the average price, whilst one was 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
2019 22 MAR	£540,000	£331,462	63% above HPI
2007 9 JAN	£224,796	£276,428	19% below HPI
2001 25 MAY	£348,500	£141,580	146% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three THE OAKS sales between May 2001 and March 2019 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 January 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2019 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is THE OAKS?

THE OAKS is 340m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Burghill, based on EPC data. The below chart shows the distribution of detached houses by size in Burghill, and where THE OAKS lies on this distribution: 99% of detached houses are smaller than THE OAKS, and 1% of houses are larger. Note that EPC data is not available for all properties in Burghill.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.477 of an acre, or 1,931m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located in BURGHILL, in the HR4 postcode district. The below map shows the position of THE OAKS in BURGHILL.