19, GORSE LANE, OADBY, LEICESTER, LE2 4RR - £305,000

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.

19 GORSE LANE is a small extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £380,742. It was last sold for £305,000 in February 2018, which was around 6% below the average February 2018 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

19 GORSE LANE Sold Prices

Land registry data shows one sale for 19 GORSE LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 FEB	£305,000	£326,181	6% below HPI

What might 19 GORSE LANE be worth now?

19 GORSE LANE might now be worth an estimated £380,742.

This is based on house price inflation of 24.8%, between February 2018 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 24.8% inflationary increase is applied to the most recent sale price for 19 GORSE LANE of £305,000 on 9th February 2018. For the value to have increased from £305,000 to £380,742 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 19 GORSE LANE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 19 GORSE LANE has not materially changed since February 2018.

How Large is 19 GORSE LANE?

19 GORSE LANE is 111m², which includes two extensions, according to the EPC inspection conducted in September 2017. 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 19 GORSE LANE lies on this distribution: 40% of detached houses are smaller than 19 GORSE LANE, and 59% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

19 GORSE LANE: Plot

19 GORSE LANE sits on a plot of roughly 0.149 of an acre, or 605m².

Where is 19 GORSE LANE?

19 GORSE LANE is located in OADBY, in the LE2 postcode district.