4, LEICESTER ROAD, OADBY, LEICESTER, LE2 5BA - £187,500

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.

4 LEICESTER ROAD is a very small extended terraced house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £287,843. It was last sold for £187,500 in June 2015, which was around 52% above the average June 2015 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

4 LEICESTER ROAD Sold Prices

Land registry data shows two sales for 4 LEICESTER ROAD 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 4 LEICESTER ROAD 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
2015 30 JUN	£187,500	£123,437	52% above HPI
2014 23 SEP	£132,500	£121,315	9% above HPI

4 LEICESTER ROAD 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 4 LEICESTER ROAD sales from September 2014 and June 2015 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 September 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2015 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 4 LEICESTER ROAD be worth now?

4 LEICESTER ROAD might now be worth an estimated £287,843.

This is based on house price inflation of 53.5%, between June 2015 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 53.5% inflationary increase is applied to the most recent sale price for 4 LEICESTER ROAD of £187,500 on 30th June 2015. For the value to have increased from £187,500 to £287,843 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 4 LEICESTER ROAD has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The June 2015 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LEICESTER ROAD has not materially changed since June 2015.

How Large is 4 LEICESTER ROAD?

4 LEICESTER ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% 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 4 LEICESTER ROAD lies on this distribution: 19% of terraced houses houses are smaller than 4 LEICESTER ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Oadby.

4 LEICESTER ROAD: Plot and Title Map

4 LEICESTER ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 LEICESTER 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 4 LEICESTER 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 4 LEICESTER ROAD?

4 LEICESTER ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 4 on LEICESTER ROAD.