3, OAKLEY DRIVE, LOUGHBOROUGH, LE11 3LF - £385,000

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 OAKLEY DRIVE is a very large detached house of 170m², built sometime between 1991 and 1995. It was last sold for £385,000 in March 2017, which was around 30% above the average March 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

3 OAKLEY DRIVE Sold Prices

Land registry data shows four sales for 3 OAKLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 3 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
2017 17 MAR	£385,000	£296,930	30% above HPI
2011 9 AUG	£325,000	£242,363	34% above HPI
2002 11 NOV	£220,000	£176,272	25% above HPI
1999 26 APR	£123,000	£97,136	27% above HPI

3 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 four 3 OAKLEY DRIVE sales between April 1999 and March 2017 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 August 2011 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2017 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 3 OAKLEY DRIVE?

3 OAKLEY DRIVE is 170m² according to the EPC inspection conducted in March 2021. This puts it in the largest 20% 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 OAKLEY DRIVE lies on this distribution: 89% of detached houses are smaller than 3 OAKLEY DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

3 OAKLEY DRIVE: Plot and Title Map

3 OAKLEY DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 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 3 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 3 OAKLEY DRIVE?

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