3, OAK CLOSE, LOUGHBOROUGH, LE11 2SQ - £303,000

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

3 OAK CLOSE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £303,000 in September 2020, which was around 12% below the average September 2020 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

3 OAK CLOSE Sold Prices

Land registry data shows two sales for 3 OAK CLOSE since 1^st 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 3 OAK CLOSE sales was for below the average price, whilst the other was 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
2020 30 SEP	£303,000	£342,817	12% below HPI
1999 31 MAR	£102,950	£96,277	7% above HPI

3 OAK CLOSE 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 two 3 OAK CLOSE sales from March 1999 and September 2020 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 March 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 OAK CLOSE?

3 OAK CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 3 OAK CLOSE lies on this distribution: 50% of detached houses are smaller than 3 OAK CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 OAK CLOSE: Plot and Title Map

3 OAK CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 3 OAK CLOSE, 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 3 OAK CLOSE). 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 3 OAK CLOSE?

3 OAK CLOSE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 3 on OAK CLOSE.