8, OAKLANDS CLOSE, ADEL, LEEDS, LS16 8NS - £495,000

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 OAKLANDS CLOSE is a midsized detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £591,914. It was last sold for £495,000 in June 2021, which was around 32% above the average June 2021 detached price in the Leeds local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

8 OAKLANDS CLOSE Sold Prices

Land registry data shows four sales for 8 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the four 8 OAKLANDS CLOSE sales were for above 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
2021 30 JUN	£495,000	£375,681	32% above HPI
2004 31 AUG	£385,000	£229,583	68% above HPI
2001 8 JUN	£225,000	£129,127	74% above HPI
1998 26 JUN	£184,995	£93,684	97% above HPI

8 OAKLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The four 8 OAKLANDS CLOSE sales between June 1998 and June 2021 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 2004 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 OAKLANDS CLOSE be worth now?

8 OAKLANDS CLOSE might now be worth an estimated £591,914.

This is based on house price inflation of 19.6%, between June 2021 and February 2025, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 8 OAKLANDS CLOSE of £495,000 on 30th June 2021. For the value to have increased from £495,000 to £591,914 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 OAKLANDS CLOSE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The June 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKLANDS CLOSE has not materially changed since June 2021.

How Large is 8 OAKLANDS CLOSE?

8 OAKLANDS CLOSE is 118m² according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leeds, and where 8 OAKLANDS CLOSE lies on this distribution: 52% of detached houses houses are smaller than 8 OAKLANDS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Leeds.

8 OAKLANDS CLOSE: Plot and Title Map

8 OAKLANDS CLOSE sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 8 OAKLANDS 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 OAKLANDS 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 OAKLANDS CLOSE?

8 OAKLANDS CLOSE is located in ADEL, in the LS16 postcode district. The below map shows the position of No. 8 on OAKLANDS CLOSE.