15, Oak Tree Lane
15, Oak Tree Lane
Description & Estimates
Public records show 15, Oak Tree Lane, Alcester to be a mid-century freehold house with 882 ft2 of internal area, sitting on a 482 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Oak Tree Lane, Alcester has an estimated sale value of £414,739 and an estimated rental value of £1,527 per month, assuming reasonable condition and based on the information available.
Oak Tree Lane, Cookhill, Alcester, B49 lies in the borough of Wychavon, within the B49 postal district.
Our Data Sources
15, Oak Tree Lane, Alcester has 3 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Oak Tree Lane, Alcester would be worth £435,476, with a potential rental value of £1,604 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £385,707, with a rental value of £1,420 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Oak Tree Lane, Alcester has climbed by £6,689 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £41 (2.7%). The property's estimated gross yield is currently 4.4%.
Plot Size
15, Oak Tree Lane, Alcester occupies a 482 m2 plot as recorded by HM Land Registry.
Of the 58 other houses in this postcode, 47 have recorded plot sizes, and this one ranks as the 38th largest.
Energy Efficiency
15, Oak Tree Lane, Alcester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Oak Tree Lane, Alcester last changed hands on 31st August 2022, selling for £450,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 9.0% since August 2022.
- Sold Aug 2022£450,000
- Sold Dec 2019£335,000
- Sold May 2019£238,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of 15, Oak Tree Lane, Alcester across the last 2 years.
Most recently, 27, Oak Tree Lane, Alcester, B49 5LH, a freehold house, sold at £240,000 on the 2nd September 2016.
Read more about house prices in B49.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Oak Tree Lane, Alcester as the 47th largest and the 46th most expensive of the 58 addresses on Oak Tree Lane, Cookhill, Alcester, B49.
Against the B49 postcode district average, it is £33k more expensive than the typical property.
More reading links
Schools Nearby
- 3.1kmCoughton CofE Primary School
- 3.5kmSt Nicholas CofE Primary
- 3.5kmOur Lady's Catholic Primary School
- 3.2kmAlcester Grammar School
- 3.5kmRidgeway Secondary School
- 3.8kmSt Benedict's Catholic High School
More reading links
Public Transport Nearby
Redditch station is the nearest stop to 15, Oak Tree Lane, Alcester at 9.3 kilometres away.
- 9.3kmRedditch
- 10.4kmWootton Wawen
- 11.2kmWilmcote
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
