Is Oakfield Way in Hinckley and Bosworth a nice place to live?

Oakfield Way is classified by the ONS as Established Farming Communities. Oakfield Way is in the lowest 30% of postcodes for crime (see map). The road has a lower level of deprivation compared to others in the rest of the country.

Geography

Oakfield Way is located in the Twycross and Witherley with Sheepy ward of the Hinckley and Bosworth district in Leicestershire.
Coordinates 52.610643, -1.521181
Grid Ref SK325015
Suburb Sheepy
Constituency Bosworth
Postcodes CV9 3RZ

House Prices

The average house price in Oakfield Way is 100% higher than the rest of Hinckley and Bosworth. The last sale we have on record is 7 Oakfield Way, that sold for £355,000. The average house price in Hinckley and Bosworth is £0 as of June 2023.

Average House Prices

Recent sales in Oakfield Way

Date No. Type Price
04/06/2021 7 Semi £355,000

Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

Crime in Oakfield Way, Leicestershire

There were no street crime incidents recorded by Leicestershire Police in Oakfield Way during September 2024.

Crime Deprivation

The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Oakfield Way and compared that to the average for the Twycross and Witherley with Sheepy ward.

You are less likely to be a victim of personal crime in Oakfield Way, when compared to the average EIMD rank for the Twycross and Witherley with Sheepy ward

Social economic statistics for Oakfield Way

These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Oakfield Way is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Oakfield Way is in the top 10% of least deprived LSOAs in the country.

Income Deprivation

The Income Deprivation Domain measures the proportion of the population in and around Oakfield Way experiencing deprivation relating to low income.
Residents in around Oakfield Way are in the top 20% least income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Oakfield Way involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Oakfield Way are in the top 20% least employment deprived in the country

Health & Disability Deprivation

The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.
Residents in Oakfield Way are in the top 20% least health & disability deprived in the country

Index of Multiple Deprivation

The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Oakfield Way, from outside living quality, housing quality, access to services and crime.
Residents in Oakfield Way are in the top 40% least deprived in the country

2021 Census for Oakfield Way

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Oakfield Way.

Unemployment in Oakfield Way

The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.
0.46% of Oakfield Way residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Oakfield Way

The proportion of retirees in a road should give you an indication of the demographics of Oakfield Way. The proportion of retirees on Oakfield Way is 16.26% higher than the national average of 18.6%.
34.86% of Oakfield Way residents were retired during the last census

Home ownership in Oakfield Way

The proportion of home owners on Oakfield Way is 30.16% higher than the national average of 62%. 5.88% of properties in Oakfield Way are private rented and 1.96% are social rented.
92.16% of residents of Oakfield Way own their home

Country of Birth of Oakfield Way residents

The proportion if Oakfield Way residents born in the UK is 14.15% higher than the England national average of 82.65%. 3.2% of Oakfield Way residents were born outside the UK.
96.8% of Oakfield Way residents were born in the UK

Oakfield Way Summary

With house prices in Oakfield Way more than the average for Leicestershire and very low levels of income depirvation, this is an indicator of a very wealthy road. Oakfield Way has a higher level of home ownership than the national average. This is an indicator that finding private rented accomodation in Oakfield Way maybe difficult.

Oakfield Way has very low levels of employment deprivation, suggesting that finding work in the local area maybe easier compared to the rest of the country.

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