21, GORSE LANE, OADBY, LEICESTER, LE2 4RR - £243,000

21 GORSE LANE is a midsized detached house of 114m², built sometime between 1950 and 1966. It was last sold for £243,000 in May 2014, which was around 4% below the average May 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

21 GORSE LANE Sold Prices

Land registry data shows two sales for 21 GORSE LANE 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 21 GORSE LANE 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
2014 2 MAY	£243,000	£251,966	4% below HPI
2006 1 DEC	£190,000	£248,853	24% below HPI

21 GORSE LANE 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 21 GORSE LANE sales from December 2006 and May 2014 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 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 21 GORSE LANE?

21 GORSE LANE is 114m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 21 GORSE LANE lies on this distribution: 43% of detached houses are smaller than 21 GORSE LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Oadby.

21 GORSE LANE: Plot and Title Map

21 GORSE LANE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 21 GORSE LANE, 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 21 GORSE LANE). 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 21 GORSE LANE?

21 GORSE LANE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 21 on GORSE LANE.