8, OAK CLOSE, MEASHAM, SWADLINCOTE, DE12 7JY - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 OAK CLOSE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £200,000 in October 2018, which was around 34% below the average October 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

8 OAK CLOSE Sold Prices

Land registry data shows two sales for 8 OAK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Both of the two 8 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
2018 10 OCT	£200,000	£302,225	34% below HPI
1995 29 SEP	£71,000	£78,596	10% below HPI

8 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 two 8 OAK CLOSE sales from September 1995 and October 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 September 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 OAK CLOSE be worth now?

8 OAK CLOSE might now be worth an estimated £259,969.

This is based on house price inflation of 30%, between October 2018 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 8 OAK CLOSE of £200,000 on 10th October 2018. For the value to have increased from £200,000 to £259,969 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 OAK CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The October 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAK CLOSE has not materially changed since October 2018.

How Large is 8 OAK CLOSE?

8 OAK CLOSE is 84m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Measham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Measham, and where 8 OAK CLOSE lies on this distribution: 23% of detached houses houses are smaller than 8 OAK CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Measham.

8 OAK CLOSE: Plot and Title Map

8 OAK CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 8 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 8 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 8 OAK CLOSE?

8 OAK CLOSE is located in MEASHAM, in the DE12 postcode district. The below map shows the position of No. 8 on OAK CLOSE.