48, OAKLAND AVENUE, LEICESTER, LE4 7SF - £160,000

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

48 OAKLAND AVENUE is a very small extended detached house of 59m², built sometime between 1900 and 1929. It was last sold for £160,000 in August 2016, which was around 38% below the average August 2016 detached price in the Leicester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was C.

48 OAKLAND AVENUE Sold Prices

Land registry data shows two sales for 48 OAKLAND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 48 OAKLAND AVENUE 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
2016 10 AUG	£160,000	£258,208	38% below HPI
2013 4 OCT	£125,000	£216,598	42% below HPI

48 OAKLAND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 48 OAKLAND AVENUE sales from October 2013 and August 2016 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 October 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 48 OAKLAND AVENUE?

48 OAKLAND AVENUE is 59m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 48 OAKLAND AVENUE lies on this distribution: 2% of detached houses are smaller than 48 OAKLAND AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 OAKLAND AVENUE: Plot and Title Map

48 OAKLAND AVENUE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 48 OAKLAND AVENUE, 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 48 OAKLAND AVENUE). 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 48 OAKLAND AVENUE?

48 OAKLAND AVENUE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 48 on OAKLAND AVENUE.