5, BURTON CLOSE, OADBY, LEICESTER, LE2 4SQ - £241,000

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.

5 BURTON CLOSE is a very small terraced house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £237,059. It was last sold for £241,000 in September 2022, which was around 25% above the average September 2022 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

5 BURTON CLOSE Sold Prices

Land registry data shows six sales for 5 BURTON CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the six 5 BURTON 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
2022 15 SEP	£241,000	£192,646	25% above HPI
2016 7 MAR	£170,000	£129,347	31% above HPI
2014 9 JAN	£147,500	£113,884	30% above HPI
2001 18 MAY	£77,000	£53,157	45% above HPI
1998 29 MAY	£59,000	£41,305	43% above HPI
1995 29 JUN	£49,500	£36,745	35% above HPI

5 BURTON CLOSE 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 six 5 BURTON CLOSE sales between June 1995 and September 2022 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 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 BURTON CLOSE be worth now?

5 BURTON CLOSE might now be worth an estimated £237,059.

This is based on house price deflation of 1.6%, between September 2022 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 1.6% deflationary decrease is applied to the most recent sale price for 5 BURTON CLOSE of £241,000 on 15th September 2022. For the value to have decreased from £241,000 to £237,059 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 5 BURTON CLOSE has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The September 2022 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURTON CLOSE has not materially changed since September 2022.

How Large is 5 BURTON CLOSE?

5 BURTON CLOSE is 71m² according to the EPC inspection conducted in October 2023. 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 5 BURTON CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 5 BURTON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Oadby.

5 BURTON CLOSE: Plot and Title Map

5 BURTON CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 5 BURTON 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 5 BURTON 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 5 BURTON CLOSE?

5 BURTON CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 5 on BURTON CLOSE.