2, OAKLEY DRIVE, LOUGHBOROUGH, LE11 3LF - £377,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OAKLEY DRIVE is a large extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £494,752. It was last sold for £377,500 in August 2018, which was around 19% above the average August 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 OAKLEY DRIVE Sold Prices

Land registry data shows three sales for 2 OAKLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 2 OAKLEY DRIVE 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
2018 31 AUG	£377,500	£317,580	19% above HPI
2002 26 APR	£195,000	£144,244	35% above HPI
1995 24 FEB	£125,000	£77,469	61% above HPI

2 OAKLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 2 OAKLEY DRIVE sales between February 1995 and August 2018 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 April 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2018 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 OAKLEY DRIVE be worth now?

2 OAKLEY DRIVE might now be worth an estimated £494,752.

This is based on house price inflation of 31.1%, between August 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for 2 OAKLEY DRIVE of £377,500 on 31st August 2018. For the value to have increased from £377,500 to £494,752 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 OAKLEY DRIVE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2018 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKLEY DRIVE has not materially changed since August 2018.

How Large is 2 OAKLEY DRIVE?

2 OAKLEY DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loughborough, and where 2 OAKLEY DRIVE lies on this distribution: 64% of detached houses houses are smaller than 2 OAKLEY DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

2 OAKLEY DRIVE: Plot and Title Map

2 OAKLEY DRIVE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 2 OAKLEY DRIVE, 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 OAKLEY DRIVE). 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 2 OAKLEY DRIVE?

2 OAKLEY DRIVE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 2 on OAKLEY DRIVE.