8, OAKFIELD AVENUE, LUTTERWORTH, LE17 4ST - £250,000

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.

8 OAKFIELD AVENUE is a very large extended detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £306,152. It was last sold for £250,000 in June 2019, which was around 37% below the average June 2019 detached price in the Harborough local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

8 OAKFIELD AVENUE Sold Prices

Land registry data shows two sales for 8 OAKFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 8 OAKFIELD AVENUE 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
2019 5 JUN	£250,000	£396,336	37% below HPI
1998 29 JUL	£84,500	£104,617	19% below HPI

8 OAKFIELD AVENUE 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 two 8 OAKFIELD AVENUE sales from July 1998 and June 2019 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 July 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 OAKFIELD AVENUE be worth now?

8 OAKFIELD AVENUE might now be worth an estimated £306,152.

This is based on house price inflation of 22.5%, between June 2019 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 8 OAKFIELD AVENUE of £250,000 on 5th June 2019. For the value to have increased from £250,000 to £306,152 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 8 OAKFIELD AVENUE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The June 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKFIELD AVENUE has not materially changed since June 2019.

How Large is 8 OAKFIELD AVENUE?

8 OAKFIELD AVENUE is 151m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the largest 20% of detached houses houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lutterworth, and where 8 OAKFIELD AVENUE lies on this distribution: 84% of detached houses houses are smaller than 8 OAKFIELD AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

8 OAKFIELD AVENUE: Plot and Title Map

8 OAKFIELD AVENUE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 OAKFIELD AVENUE, 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 OAKFIELD AVENUE). 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 OAKFIELD AVENUE?

8 OAKFIELD AVENUE is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 8 on OAKFIELD AVENUE.