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

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

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 30% 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	£285,000	30% below HPI
1995 29 SEP	£71,000	£74,117	4% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

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 in Measham, based on EPC data. The below chart shows the distribution of detached houses by size in Measham, and where 8 OAK CLOSE lies on this distribution: 23% of detached 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.