5, OAK CLOSE, MEASHAM, SWADLINCOTE, DE12 7JY - £185,000

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

5 OAK CLOSE is a small detached house of 94m², built sometime from 2007 onwards. It was last sold for £185,000 in May 2016, which was around 26% below the average May 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

5 OAK CLOSE Sold Prices

Land registry data shows five sales for 5 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the five 5 OAK CLOSE 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 6 MAY	£185,000	£251,097	26% below HPI
2010 22 DEC	£170,000	£210,054	19% below HPI
2000 1 DEC	£96,500	£103,104	6% below HPI
1999 30 APR	£74,500	£84,892	12% below HPI
1995 15 SEP	£68,000	£74,117	8% below HPI

5 OAK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The five 5 OAK CLOSE sales between September 1995 and May 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 December 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 OAK CLOSE?

5 OAK CLOSE is 94m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Measham, based on EPC data. The below chart shows the distribution of detached houses by size in Measham, and where 5 OAK CLOSE lies on this distribution: 35% of detached houses are smaller than 5 OAK CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Measham.

5 OAK CLOSE: Plot and Title Map

5 OAK CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 5 OAK CLOSE, 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 5 OAK CLOSE). 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 5 OAK CLOSE?

5 OAK CLOSE is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 5 on OAK CLOSE.