7, OLDERSHAW ROAD, EAST LEAKE, LOUGHBOROUGH, LE12 6NF - £246,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 OLDERSHAW ROAD is a very small extended detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £341,299. It was last sold for £246,000 in February 2018, which was around 32% below the average February 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

7 OLDERSHAW ROAD Sold Prices

Land registry data shows two sales for 7 OLDERSHAW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Both of the two 7 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
2018 23 FEB	£246,000	£360,561	32% below HPI
2011 16 AUG	£177,500	£276,409	36% below HPI

7 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 two 7 OLDERSHAW ROAD sales from August 2011 and February 2018 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 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7 OLDERSHAW ROAD be worth now?

7 OLDERSHAW ROAD might now be worth an estimated £341,299.

This is based on house price inflation of 38.7%, between February 2018 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.7% inflationary increase is applied to the most recent sale price for 7 OLDERSHAW ROAD of £246,000 on 23rd February 2018. For the value to have increased from £246,000 to £341,299 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 OLDERSHAW ROAD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2018 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OLDERSHAW ROAD has not materially changed since February 2018.

How Large is 7 OLDERSHAW ROAD?

7 OLDERSHAW ROAD is 84m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 7 OLDERSHAW ROAD lies on this distribution: 13% of detached houses houses are smaller than 7 OLDERSHAW ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in East Leake.

7 OLDERSHAW ROAD: Plot and Title Map

7 OLDERSHAW ROAD sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 7 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 7 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 7 OLDERSHAW ROAD?

7 OLDERSHAW ROAD is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 7 on OLDERSHAW ROAD.