Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 THE OASIS is a very large extended detached house of 182m², built sometime between 1991 and 1995. It was last sold for £460,000 in November 2022, which was around 13% above the average November 2022 detached price in the Blaby local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 8 THE OASIS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 8 THE OASIS 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 |
---|---|---|---|
2022 17 NOV | £460,000 | £405,777 | 13% above HPI |
2002 5 AUG | £174,500 | £150,834 | 16% above HPI |
1997 20 JUN | £105,000 | £81,536 | 29% above HPI |
1995 29 NOV | £89,950 | £74,982 | 20% above HPI |
The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 8 THE OASIS sales between November 1995 and November 2022 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 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.
8 THE OASIS is 182m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 8 THE OASIS lies on this distribution: 89% of detached houses are smaller than 8 THE OASIS, and 11% of houses are larger. Note that EPC data is not available for all properties in Leicester.
8 THE OASIS sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 8 THE OASIS, 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 THE OASIS). 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.
8 THE OASIS is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 8 on THE OASIS.