15, CHESTNUT AVENUE, OADBY, LEICESTER, LE2 5JH - £205,000

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.

15 CHESTNUT AVENUE is a very small semi-detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £240,635. It was last sold for £205,000 in October 2020, which was around 8% below the average October 2020 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

15 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 15 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 15 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
2020 16 OCT	£205,000	£223,959	8% below HPI
1996 28 NOV	£45,750	£51,120	11% below HPI

15 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 15 CHESTNUT AVENUE sales from November 1996 and October 2020 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 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 CHESTNUT AVENUE be worth now?

15 CHESTNUT AVENUE might now be worth an estimated £240,635.

This is based on house price inflation of 17.4%, between October 2020 and May 2026, for semi-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 17.4% inflationary increase is applied to the most recent sale price for 15 CHESTNUT AVENUE of £205,000 on 16th October 2020. For the value to have increased from £205,000 to £240,635 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 15 CHESTNUT AVENUE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The October 2020 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT AVENUE has not materially changed since October 2020.

How Large is 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is 54m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 15 CHESTNUT AVENUE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 15 CHESTNUT AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

15 CHESTNUT AVENUE: Plot and Title Map

15 CHESTNUT AVENUE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 15 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 15 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 15 CHESTNUT AVENUE?

15 CHESTNUT AVENUE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 15 on CHESTNUT AVENUE.