18, GLEN WAY, OADBY, LEICESTER, LE2 5YE - £415,000

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.

18 GLEN WAY is a large detached house of 142m², built sometime between 1950 and 1966, which could now be worth an estimated £480,530. It was last sold for £415,000 in February 2020, which was around 18% above the average February 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

18 GLEN WAY Sold Prices

Land registry data shows two sales for 18 GLEN 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 18 GLEN 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
2020 19 FEB	£415,000	£351,655	18% above HPI
2002 10 DEC	£230,000	£184,941	24% above HPI

18 GLEN 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 18 GLEN WAY sales from December 2002 and February 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 December 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 18 GLEN WAY be worth now?

18 GLEN WAY might now be worth an estimated £480,530.

This is based on house price inflation of 15.8%, between February 2020 and April 2026, for 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 15.8% inflationary increase is applied to the most recent sale price for 18 GLEN WAY of £415,000 on 19th February 2020. For the value to have increased from £415,000 to £480,530 over the five years and ten months to April 2026, the following assumptions must hold true:

• The value of 18 GLEN WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GLEN WAY has not materially changed since February 2020.

How Large is 18 GLEN WAY?

18 GLEN WAY is 142m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 18 GLEN WAY lies on this distribution: 69% of detached houses houses are smaller than 18 GLEN WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Oadby.

18 GLEN WAY: Plot and Title Map

18 GLEN WAY sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 18 GLEN 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 18 GLEN 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 18 GLEN WAY?

18 GLEN WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 18 on GLEN WAY.