THE OAK LODGE, LOWER MOOR ROAD, COLEORTON, COALVILLE, LE67 8FJ - £140,000

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.

THE OAK LODGE is a very large extended detached house of 236m², built sometime between 1983 and 1990, which could now be worth an estimated £695,659. It was last sold for £140,000 in November 1996, which was around 75% above the average November 1996 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

THE OAK LODGE Sold Prices

Land registry data shows two sales for THE OAK LODGE 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 THE OAK LODGE 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
1996 22 NOV	£140,000	£79,975	75% above HPI
1996 29 FEB	£130,000	£75,218	73% above HPI

THE OAK LODGE 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 THE OAK LODGE sales from February 1996 and November 1996 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 February 1996 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 1996 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might THE OAK LODGE be worth now?

THE OAK LODGE might now be worth an estimated £695,659.

This is based on house price inflation of 396.9%, between November 1996 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 396.9% inflationary increase is applied to the most recent sale price for THE OAK LODGE of £140,000 on 22nd November 1996. For the value to have increased from £140,000 to £695,659 over the 29 years and nine months to February 2025, the following assumptions must hold true:

• The value of THE OAK LODGE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The November 1996 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of THE OAK LODGE has not materially changed since November 1996.

How Large is THE OAK LODGE?

THE OAK LODGE is 236m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses houses in Coleorton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleorton, and where THE OAK LODGE lies on this distribution: 83% of detached houses houses are smaller than THE OAK LODGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Coleorton.

THE OAK LODGE: Plot and Title Map

THE OAK LODGE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of THE OAK LODGE, 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 THE OAK LODGE). 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 THE OAK LODGE?

THE OAK LODGE is located on LOWER MOOR ROAD in COLEORTON, in the LE67 postcode district. The below map shows the position of THE OAK LODGE on LOWER MOOR ROAD.