14, RAINE WAY, OADBY, LEICESTER, LE2 4UB - £230,000

14 RAINE WAY is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £230,000 in April 2004, which was around 7% above the average April 2004 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

14 RAINE WAY Sold Prices

Land registry data shows two sales for 14 RAINE WAY 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 14 RAINE WAY 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
2004 19 APR	£230,000	£215,621	7% above HPI
1997 10 JUL	£95,500	£92,354	3% above HPI

14 RAINE WAY 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 14 RAINE WAY sales from July 1997 and April 2004 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 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2004 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 14 RAINE WAY?

14 RAINE WAY is 102m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 14 RAINE WAY lies on this distribution: 30% of detached houses are smaller than 14 RAINE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Oadby.

14 RAINE WAY: Plot and Title Map

14 RAINE WAY sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 14 RAINE WAY, 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 14 RAINE WAY). 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 14 RAINE WAY?

14 RAINE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 14 on RAINE WAY.