OAKTREE, SCHOOL LANE, NEWBOLD COLEORTON, COALVILLE, LE67 8PF - £885,000

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

OAKTREE is a midsized detached house of 199m². It was last sold for £885,000 in May 2022, which was around 160% above the average May 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

OAKTREE Sold Prices

Land registry data shows two sales for OAKTREE 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. One of the two OAKTREE sales was for above the average price, whilst the other was 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
2022 16 MAY	£885,000	£340,351	160% above HPI
1996 13 NOV	£75,000	£75,417	1% below HPI

OAKTREE 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 OAKTREE sales from November 1996 and May 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 November 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

How Large is OAKTREE?

OAKTREE is 199m² according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Newbold, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold, and where OAKTREE lies on this distribution: 59% of detached houses are smaller than OAKTREE, and 41% of houses are larger. Note that EPC data is not available for all properties in Newbold.

OAKTREE: Plot and Title Map

OAKTREE sits on a plot of roughly 1.1 acres, or 4,415m². The below map shows the location of OAKTREE, 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 OAKTREE). 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 OAKTREE?

OAKTREE is located on SCHOOL LANE in NEWBOLD COLEORTON, in the LE67 postcode district. The below map shows the position of OAKTREE on SCHOOL LANE.