7, OAKFIELD CLOSE, GREAT GLEN, LEICESTER, LE8 9GL - £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

7 OAKFIELD CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £260,000 in November 2017, which was around 32% below the average November 2017 detached price in the Harborough local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

7 OAKFIELD CLOSE Sold Prices

Land registry data shows three sales for 7 OAKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 7 OAKFIELD 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
2017 30 NOV	£260,000	£380,358	32% below HPI
2015 21 AUG	£190,000	£327,722	42% below HPI
1996 4 OCT	£62,500	£90,407	31% below HPI

7 OAKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 7 OAKFIELD CLOSE sales between October 1996 and November 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 OAKFIELD CLOSE?

7 OAKFIELD CLOSE is 73m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses by size in Great Glen, and where 7 OAKFIELD CLOSE lies on this distribution: 5% of detached houses are smaller than 7 OAKFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

7 OAKFIELD CLOSE: Plot and Title Map

7 OAKFIELD CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 OAKFIELD 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 7 OAKFIELD 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 7 OAKFIELD CLOSE?

7 OAKFIELD CLOSE is located in GREAT GLEN, in the LE8 postcode district. The below map shows the position of No. 7 on OAKFIELD CLOSE.