51, ELIZABETH DRIVE, OADBY, LEICESTER, LE2 4RE - £272,500

51 ELIZABETH DRIVE is a very small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £272,500 in May 2020, which was around 20% below the average May 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

51 ELIZABETH DRIVE Sold Prices

Land registry data shows four sales for 51 ELIZABETH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 51 ELIZABETH DRIVE 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
2020 18 MAY	£272,500	£341,129	20% below HPI
2016 13 DEC	£218,000	£294,583	26% below HPI
2015 27 MAY	£160,000	£266,258	40% below HPI
1996 30 AUG	£51,000	£83,529	39% below HPI

51 ELIZABETH DRIVE 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 four 51 ELIZABETH DRIVE sales between August 1996 and May 2020 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 December 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 51 ELIZABETH DRIVE?

51 ELIZABETH DRIVE is 71m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 51 ELIZABETH DRIVE lies on this distribution: 4% of detached houses are smaller than 51 ELIZABETH DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Oadby.

51 ELIZABETH DRIVE: Plot and Title Map

51 ELIZABETH DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 51 ELIZABETH DRIVE, 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 51 ELIZABETH DRIVE). 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 51 ELIZABETH DRIVE?

51 ELIZABETH DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 51 on ELIZABETH DRIVE.