5, RAINE WAY, OADBY, LEICESTER, LE2 4UB - £430,000

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 RAINE WAY is a large extended detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £452,185. It was last sold for £430,000 in February 2022, which was around 9% above the average February 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

5 RAINE WAY Sold Prices

Land registry data shows one sale for 5 RAINE WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 3 FEB	£430,000	£393,449	9% above HPI

What might 5 RAINE WAY be worth now?

5 RAINE WAY might now be worth an estimated £452,185.

This is based on house price inflation of 5.2%, between February 2022 and May 2026, for 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 5.2% inflationary increase is applied to the most recent sale price for 5 RAINE WAY of £430,000 on 3rd February 2022. For the value to have increased from £430,000 to £452,185 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 RAINE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAINE WAY has not materially changed since February 2022.

How Large is 5 RAINE WAY?

5 RAINE WAY is 131m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 5 RAINE WAY lies on this distribution: 60% of detached houses are smaller than 5 RAINE WAY, and 39% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

5 RAINE WAY: Plot

5 RAINE WAY sits on a plot of roughly 0.074 of an acre, or 301m².

Where is 5 RAINE WAY?

5 RAINE WAY is located in OADBY, in the LE2 postcode district.