50, LAUNDE ROAD, OADBY, LEICESTER, LE2 4HG - £350,000

50 LAUNDE ROAD is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £350,000 in March 2022, which was around 11% below the average March 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

50 LAUNDE ROAD Sold Prices

Land registry data shows two sales for 50 LAUNDE ROAD 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 50 LAUNDE ROAD sales were for below 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 4 MAR	£350,000	£393,836	11% below HPI
2001 8 NOV	£109,000	£144,189	24% below HPI

50 LAUNDE ROAD 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 50 LAUNDE ROAD sales from November 2001 and March 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 November 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 50 LAUNDE ROAD?

50 LAUNDE ROAD is 88m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 50 LAUNDE ROAD lies on this distribution: 17% of detached houses are smaller than 50 LAUNDE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Oadby.

50 LAUNDE ROAD: Plot and Title Map

50 LAUNDE ROAD sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 50 LAUNDE 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 50 LAUNDE 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 50 LAUNDE ROAD?

50 LAUNDE ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 50 on LAUNDE ROAD.