52, GORSE LANE, OADBY, LEICESTER, LE2 4RQ - £297,500

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.

52 GORSE LANE is a small terraced house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £318,092. It was last sold for £297,500 in January 2022, which was around 68% above the average January 2022 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

52 GORSE LANE Sold Prices

Land registry data shows two sales for 52 GORSE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 52 GORSE LANE 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 25 JAN	£297,500	£177,229	68% above HPI
2009 30 SEP	£190,000	£104,139	82% above HPI

52 GORSE LANE 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 two 52 GORSE LANE sales from September 2009 and January 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 September 2009 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the January 2022 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 52 GORSE LANE be worth now?

52 GORSE LANE might now be worth an estimated £318,092.

This is based on house price inflation of 6.9%, between January 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 6.9% inflationary increase is applied to the most recent sale price for 52 GORSE LANE of £297,500 on 25th January 2022. For the value to have increased from £297,500 to £318,092 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 52 GORSE LANE has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The January 2022 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 52 GORSE LANE has not materially changed since January 2022.

How Large is 52 GORSE LANE?

52 GORSE LANE is 110m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% 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 52 GORSE LANE lies on this distribution: 39% of terraced houses houses are smaller than 52 GORSE LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Oadby.

52 GORSE LANE: Plot and Title Map

52 GORSE LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 52 GORSE LANE, 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 52 GORSE LANE). 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 52 GORSE LANE?

52 GORSE LANE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 52 on GORSE LANE.