41, OLDERSHAW ROAD, EAST LEAKE, LOUGHBOROUGH, LE12 6NF - £260,000

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

41 OLDERSHAW ROAD is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £260,000 in March 2021, which was around 38% below the average March 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

41 OLDERSHAW ROAD Sold Prices

Land registry data shows three sales for 41 OLDERSHAW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 41 OLDERSHAW ROAD 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
2021 11 MAR	£260,000	£417,162	38% below HPI
2017 5 SEP	£237,500	£357,885	34% below HPI
2016 16 DEC	£180,000	£351,520	49% below HPI

41 OLDERSHAW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 41 OLDERSHAW ROAD sales between December 2016 and March 2021 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 September 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 41 OLDERSHAW ROAD?

41 OLDERSHAW ROAD is 75m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses by size in East Leake, and where 41 OLDERSHAW ROAD lies on this distribution: 7% of detached houses are smaller than 41 OLDERSHAW ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in East Leake.

41 OLDERSHAW ROAD: Plot and Title Map

41 OLDERSHAW ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 41 OLDERSHAW ROAD, 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 41 OLDERSHAW ROAD). 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 41 OLDERSHAW ROAD?

41 OLDERSHAW ROAD is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 41 on OLDERSHAW ROAD.