1, CHESTNUT AVENUE, OADBY, LEICESTER, LE2 5JH - £72,000

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.

1 CHESTNUT AVENUE is a midsized extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £273,862. It was last sold for £72,000 in September 1999, which was around 34% below the average September 1999 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

1 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 1 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 1 CHESTNUT 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
1999 30 SEP	£72,000	£108,777	34% below HPI
1995 3 FEB	£62,000	£81,633	24% below HPI

1 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 1 CHESTNUT AVENUE sales from February 1995 and September 1999 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 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 1999 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 CHESTNUT AVENUE be worth now?

1 CHESTNUT AVENUE might now be worth an estimated £273,862.

This is based on house price inflation of 280.4%, between September 1999 and May 2026, for detached houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 280.4% inflationary increase is applied to the most recent sale price for 1 CHESTNUT AVENUE of £72,000 on 30th September 1999. For the value to have increased from £72,000 to £273,862 over the 27 years and four months to May 2026, the following assumptions must hold true:

• The value of 1 CHESTNUT AVENUE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The September 1999 sale price of £72,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHESTNUT AVENUE has not materially changed since September 1999.

How Large is 1 CHESTNUT AVENUE?

1 CHESTNUT AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 1 CHESTNUT AVENUE lies on this distribution: 40% of detached houses houses are smaller than 1 CHESTNUT AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Oadby.

1 CHESTNUT AVENUE: Plot and Title Map

1 CHESTNUT AVENUE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 1 CHESTNUT 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 1 CHESTNUT 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.

Where is 1 CHESTNUT AVENUE?

1 CHESTNUT AVENUE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 1 on CHESTNUT AVENUE.