14, THE OVAL, OADBY, LEICESTER, LE2 5JB - £310,000

14 THE OVAL is a very small extended detached house of 65m², built sometime between 1900 and 1929. It was last sold for £310,000 in June 2022, which was around 22% below the average June 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

14 THE OVAL Sold Prices

Land registry data shows two sales for 14 THE OVAL 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 THE OVAL 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
2022 6 JUN	£310,000	£399,316	22% below HPI
1996 16 APR	£85,000	£85,640	1% below HPI

14 THE OVAL 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 THE OVAL sales from April 1996 and June 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 April 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 14 THE OVAL?

14 THE OVAL is 65m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 14 THE OVAL lies on this distribution: 6% of detached houses are smaller than 14 THE OVAL, and 94% of houses are larger. Note that EPC data is not available for all properties in Wigston.

14 THE OVAL: Plot and Title Map

14 THE OVAL sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 14 THE OVAL, 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 THE OVAL). 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 THE OVAL?

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