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
120 OAKFIELD AVENUE is a very small semi-detached house of 59m², built sometime between 1967 and 1975. It was last sold for £190,000 in February 2020, which was around 38% below the average February 2020 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 120 OAKFIELD AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 120 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 |
---|---|---|---|
2020 21 FEB | £190,000 | £306,695 | 38% below HPI |
2017 28 JUL | £151,000 | £287,755 | 48% below HPI |
2008 11 APR | £157,000 | £236,503 | 34% below HPI |
2007 3 AUG | £155,000 | £242,546 | 36% below HPI |
2007 16 MAR | £128,000 | £234,018 | 45% below HPI |
The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The five 120 OAKFIELD AVENUE sales between March 2007 and February 2020 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 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
120 OAKFIELD AVENUE is 59m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Markfield, based on EPC data. The below chart shows the distribution of detached houses by size in Markfield, and where 120 OAKFIELD AVENUE lies on this distribution: 4% of detached houses are smaller than 120 OAKFIELD AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Markfield.
120 OAKFIELD AVENUE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 120 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 120 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.
120 OAKFIELD AVENUE is located in MARKFIELD, in the LE67 postcode district. The below map shows the position of No. 120 on OAKFIELD AVENUE.