28, CHESTNUT AVENUE, OADBY, LEICESTER, LE2 5JG - £184,500

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.

28 CHESTNUT AVENUE is a very small semi-detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £247,512. It was last sold for £184,500 in August 2017, which was around 6% below the average August 2017 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

28 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 28 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 28 CHESTNUT AVENUE 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
2017 10 AUG	£184,500	£195,963	6% below HPI
2009 30 OCT	£130,000	£143,053	9% below HPI

28 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 28 CHESTNUT AVENUE sales from October 2009 and August 2017 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 October 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 28 CHESTNUT AVENUE be worth now?

28 CHESTNUT AVENUE might now be worth an estimated £247,512.

This is based on house price inflation of 34.2%, between August 2017 and May 2026, for semi-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 34.2% inflationary increase is applied to the most recent sale price for 28 CHESTNUT AVENUE of £184,500 on 10th August 2017. For the value to have increased from £184,500 to £247,512 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 28 CHESTNUT AVENUE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The August 2017 sale price of £184,500 represented a fair market value for the property.
• The size, condition, and specification of 28 CHESTNUT AVENUE has not materially changed since August 2017.

How Large is 28 CHESTNUT AVENUE?

28 CHESTNUT AVENUE is 57m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 28 CHESTNUT AVENUE lies on this distribution: 1% of semi-detached houses houses are smaller than 28 CHESTNUT AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

28 CHESTNUT AVENUE: Plot and Title Map

28 CHESTNUT AVENUE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 28 CHESTNUT AVENUE, 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 28 CHESTNUT AVENUE). 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 28 CHESTNUT AVENUE?

28 CHESTNUT AVENUE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 28 on CHESTNUT AVENUE.