THE OAKS, CHAPEL LANE, RODE HEATH, STOKE-ON-TRENT, ST7 3SD - £470,000

THE OAKS is a very large extended detached house of 188m², built sometime before 1900. It was last sold for £470,000 in June 2019, which was around 30% above the average June 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows four sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four THE OAKS 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
2019 20 JUN	£470,000	£362,486	30% above HPI
2014 29 AUG	£468,000	£302,571	55% above HPI
2004 20 JUL	£370,000	£245,427	51% above HPI
2001 3 MAY	£265,000	£138,620	91% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four THE OAKS sales between May 2001 and June 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 August 2014 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2019 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE OAKS?

THE OAKS is 188m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Rode Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Rode Heath, and where THE OAKS lies on this distribution: More than 99% of detached houses are smaller than THE OAKS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Rode Heath.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.141 of an acre, or 572m². 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 on CHAPEL LANE in RODE HEATH, in the ST7 postcode district. The below map shows the position of THE OAKS on CHAPEL LANE.