3, OAK DRIVE, SYSTON, LEICESTER, LE7 2PX - £227,500

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 DRIVE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £227,500 in November 2018, which was around 31% below the average November 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

3 OAK DRIVE Sold Prices

Land registry data shows two sales for 3 OAK DRIVE 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. Both of the two 3 OAK DRIVE 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
2018 9 NOV	£227,500	£329,225	31% below HPI
1997 27 JUN	£73,000	£86,687	16% below HPI

3 OAK 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 two 3 OAK DRIVE sales from June 1997 and November 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 June 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 OAK DRIVE?

3 OAK DRIVE is 78m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 3 OAK DRIVE lies on this distribution: 15% of detached houses are smaller than 3 OAK DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Syston.

3 OAK DRIVE: Plot and Title Map

3 OAK DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 OAK 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 3 OAK 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 3 OAK DRIVE?

3 OAK DRIVE is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 3 on OAK DRIVE.