4, NEEDHAM CLOSE, OADBY, LEICESTER, LE2 4UL - £355,000

4 NEEDHAM CLOSE is a midsized extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £355,000 in August 2017, which was around 14% above the average August 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

4 NEEDHAM CLOSE Sold Prices

Land registry data shows two sales for 4 NEEDHAM CLOSE 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 4 NEEDHAM CLOSE 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
2017 25 AUG	£355,000	£310,551	14% above HPI
1997 1 AUG	£116,000	£95,508	21% above HPI

4 NEEDHAM CLOSE 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 4 NEEDHAM CLOSE sales from August 1997 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 August 1997 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2017 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 NEEDHAM CLOSE?

4 NEEDHAM CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 4 NEEDHAM CLOSE lies on this distribution: 55% of detached houses are smaller than 4 NEEDHAM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Oadby.

4 NEEDHAM CLOSE: Plot and Title Map

4 NEEDHAM CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 4 NEEDHAM CLOSE, 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 NEEDHAM CLOSE). 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 NEEDHAM CLOSE?

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