11, QUEEN STREET, OADBY, LEICESTER, LE2 4NL - £295,000

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.

11 QUEEN STREET is a small extended terraced house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £286,562. It was last sold for £295,000 in October 2022, which was around 51% above the average October 2022 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

11 QUEEN STREET Sold Prices

Land registry data shows three sales for 11 QUEEN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 11 QUEEN STREET 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
2022 20 OCT	£295,000	£195,076	51% above HPI
2013 13 NOV	£192,500	£113,698	69% above HPI
2011 5 SEP	£119,000	£112,170	6% above HPI

11 QUEEN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The three 11 QUEEN STREET sales between September 2011 and October 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 2013 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the October 2022 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 11 QUEEN STREET be worth now?

11 QUEEN STREET might now be worth an estimated £286,562.

This is based on house price deflation of 2.9%, between October 2022 and April 2026, for terraced 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 2.9% deflationary decrease is applied to the most recent sale price for 11 QUEEN STREET of £295,000 on 20th October 2022. For the value to have decreased from £295,000 to £286,562 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 11 QUEEN STREET has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The October 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 11 QUEEN STREET has not materially changed since October 2022.

How Large is 11 QUEEN STREET?

11 QUEEN STREET is 99m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of terraced houses houses in Oadby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oadby, and where 11 QUEEN STREET lies on this distribution: 27% of terraced houses houses are smaller than 11 QUEEN STREET, and 72% of houses are larger. Note that EPC data is not available for all properties in Oadby.

11 QUEEN STREET: Plot and Title Map

11 QUEEN STREET sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 11 QUEEN STREET, 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 11 QUEEN STREET). 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 11 QUEEN STREET?

11 QUEEN STREET is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 11 on QUEEN STREET.