39, GORSE LANE, OADBY, LEICESTER, LE2 4RR - £405,000

39 GORSE LANE is a large detached house of 158m², built sometime between 1976 and 1982. It was last sold for £405,000 in April 2019, which was around 22% above the average April 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

39 GORSE LANE Sold Prices

Land registry data shows three sales for 39 GORSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 39 GORSE LANE 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 18 APR	£405,000	£331,112	22% above HPI
1999 10 MAR	£151,500	£102,538	48% above HPI
1996 3 SEP	£130,000	£83,797	55% above HPI

39 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 three 39 GORSE LANE sales between September 1996 and April 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 March 1999 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the April 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 39 GORSE LANE?

39 GORSE LANE is 158m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 39 GORSE LANE lies on this distribution: 78% of detached houses are smaller than 39 GORSE LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Oadby.

39 GORSE LANE: Plot and Title Map

39 GORSE LANE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 39 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 39 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 39 GORSE LANE?

39 GORSE LANE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 39 on GORSE LANE.