17, NEW STREET, OADBY, LEICESTER, LE2 5EB - £122,200

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.

17 NEW STREET is a very small semi-detached house of 45m², built sometime between 1900 and 1929, which could now be worth an estimated £157,355. It was last sold for £122,200 in February 2018, which was around 40% below the average February 2018 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

17 NEW STREET Sold Prices

Land registry data shows three sales for 17 NEW STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 17 NEW STREET 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
2018 6 FEB	£122,200	£202,785	40% below HPI
2008 20 MAR	£97,000	£156,400	38% below HPI
2002 30 JUL	£75,000	£95,448	21% below HPI

17 NEW STREET 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 three 17 NEW STREET sales between July 2002 and February 2018 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 March 2008 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 17 NEW STREET be worth now?

17 NEW STREET might now be worth an estimated £157,355.

This is based on house price inflation of 28.8%, between February 2018 and February 2025, 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 28.8% inflationary increase is applied to the most recent sale price for 17 NEW STREET of £122,200 on 6th February 2018. For the value to have increased from £122,200 to £157,355 over the seven years to February 2025, the following assumptions must hold true:

• The value of 17 NEW STREET has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The February 2018 sale price of £122,200 represented a fair market value for the property.
• The size, condition, and specification of 17 NEW STREET has not materially changed since February 2018.

How Large is 17 NEW STREET?

17 NEW STREET is 45m² according to the EPC inspection conducted in March 2017. 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 17 NEW STREET lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 17 NEW STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

17 NEW STREET: Plot and Title Map

17 NEW STREET sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 17 NEW 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 17 NEW 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 17 NEW STREET?

17 NEW STREET is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 17 on NEW STREET.