324, OAKWOOD LANE, LEEDS, LS8 3LF - £140,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

324 OAKWOOD LANE is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £140,000 in August 2015, which was around 50% below the average August 2015 detached price in the Leeds local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

324 OAKWOOD LANE Sold Prices

Land registry data shows two sales for 324 OAKWOOD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. Both of the two 324 OAKWOOD LANE 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
2015 20 AUG	£140,000	£279,205	50% below HPI
2011 6 JUN	£105,000	£251,237	58% below HPI

324 OAKWOOD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The two 324 OAKWOOD LANE sales from June 2011 and August 2015 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 2011 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2015 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 324 OAKWOOD LANE?

324 OAKWOOD LANE is 71m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses by size in Leeds, and where 324 OAKWOOD LANE lies on this distribution: 8% of detached houses are smaller than 324 OAKWOOD LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leeds.

324 OAKWOOD LANE: Plot and Title Map

324 OAKWOOD LANE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 324 OAKWOOD LANE, 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 324 OAKWOOD LANE). 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 324 OAKWOOD LANE?

324 OAKWOOD LANE is located in LEEDS, in the LS8 postcode district. The below map shows the position of No. 324 on OAKWOOD LANE.