THE OAKS, PARK LANE, PICKMERE, KNUTSFORD, WA16 0JX - £250,000

THE OAKS is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £250,000 in November 2022, which was around 48% below the average November 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

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 Cheshire East local authority area for the corresponding sale date. All of the three THE OAKS 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
2022 28 NOV	£250,000	£481,524	48% below HPI
2001 27 JUL	£112,500	£143,881	22% below HPI
1998 2 JUL	£65,000	£113,787	43% below 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 three THE OAKS sales between July 1998 and November 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 July 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is THE OAKS?

THE OAKS is 56m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Pickmere, based on EPC data. The below chart shows the distribution of detached houses by size in Pickmere, and where THE OAKS lies on this distribution: 2% of detached houses are smaller than THE OAKS, and 98% of houses are larger. Note that EPC data is not available for all properties in Pickmere.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.154 of an acre, or 622m². 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 PARK LANE in PICKMERE, in the WA16 postcode district. The below map shows the position of THE OAKS on PARK LANE.