24, OXTED RISE, OADBY, LEICESTER, LE2 5WG - £255,000

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 OXTED RISE is a very small extended terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £315,038. It was last sold for £255,000 in December 2019, which was around 66% above the average December 2019 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

24 OXTED RISE Sold Prices

Land registry data shows two sales for 24 OXTED RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 24 OXTED RISE 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
2019 20 DEC	£255,000	£153,383	66% above HPI
2009 1 JUL	£145,000	£101,361	43% above HPI

24 OXTED RISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 24 OXTED RISE sales from July 2009 and December 2019 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 July 2009 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2019 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 24 OXTED RISE be worth now?

24 OXTED RISE might now be worth an estimated £315,038.

This is based on house price inflation of 23.5%, between December 2019 and April 2026, for terraced 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 23.5% inflationary increase is applied to the most recent sale price for 24 OXTED RISE of £255,000 on 20th December 2019. For the value to have increased from £255,000 to £315,038 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 24 OXTED RISE has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The December 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OXTED RISE has not materially changed since December 2019.

How Large is 24 OXTED RISE?

24 OXTED RISE is 71m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of terraced houses houses in Oadby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oadby, and where 24 OXTED RISE lies on this distribution: 5% of terraced houses houses are smaller than 24 OXTED RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in Oadby.

24 OXTED RISE: Plot and Title Map

24 OXTED RISE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 24 OXTED RISE, 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 OXTED RISE). 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 OXTED RISE?

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