24, LAUNDE ROAD, OADBY, LEICESTER, LE2 4HG - £104,000

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.

24 LAUNDE ROAD is a very small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £387,371. It was last sold for £104,000 in December 1999, which was around 6% below the average December 1999 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

24 LAUNDE ROAD Sold Prices

Land registry data shows two sales for 24 LAUNDE ROAD 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 24 LAUNDE ROAD 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
1999 17 DEC	£104,000	£110,431	6% below HPI
1998 3 NOV	£87,500	£100,092	13% below HPI

24 LAUNDE ROAD 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 24 LAUNDE ROAD sales from November 1998 and December 1999 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 1999 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 24 LAUNDE ROAD be worth now?

24 LAUNDE ROAD might now be worth an estimated £387,371.

This is based on house price inflation of 272.5%, between December 1999 and February 2025, 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 272.5% inflationary increase is applied to the most recent sale price for 24 LAUNDE ROAD of £104,000 on 17th December 1999. For the value to have increased from £104,000 to £387,371 over the 26 years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 LAUNDE ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The December 1999 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAUNDE ROAD has not materially changed since December 1999.

How Large is 24 LAUNDE ROAD?

24 LAUNDE ROAD is 87m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% 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 24 LAUNDE ROAD lies on this distribution: 16% of detached houses houses are smaller than 24 LAUNDE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Oadby.

24 LAUNDE ROAD: Plot and Title Map

24 LAUNDE ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 24 LAUNDE ROAD, 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 24 LAUNDE ROAD). 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 24 LAUNDE ROAD?

24 LAUNDE ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 24 on LAUNDE ROAD.