Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 OAKLANDS AVENUE is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £1,487,500 in March 2024, which was around 264% above the average March 2024 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 OAKLANDS AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. One of the two 2 OAKLANDS AVENUE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2024 28 MAR | £1,487,500 | £408,277 | 264% above HPI |
2003 9 DEC | £190,000 | £210,833 | 10% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 2 OAKLANDS AVENUE sales from December 2003 and March 2024 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 December 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2024 sale, where it rises to 264% above the HPI. The line then continues to track at 264% above the HPI.
2 OAKLANDS AVENUE is 93m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 2 OAKLANDS AVENUE lies on this distribution: 28% of detached houses are smaller than 2 OAKLANDS AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Loughborough.
2 OAKLANDS AVENUE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 2 OAKLANDS AVENUE, 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 2 OAKLANDS AVENUE). 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.
2 OAKLANDS AVENUE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on OAKLANDS AVENUE.