53, THE FAIRWAY, OADBY, LEICESTER, LE2 2HP - £480,000

53 THE FAIRWAY is a midsized detached house of 128m², built sometime between 1950 and 1966. It was last sold for £480,000 in August 2019, which was around 40% above the average August 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

53 THE FAIRWAY Sold Prices

Land registry data shows two sales for 53 THE FAIRWAY 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 53 THE FAIRWAY 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
2019 9 AUG	£480,000	£342,554	40% above HPI
2014 29 OCT	£410,000	£261,555	57% above HPI

53 THE FAIRWAY 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 53 THE FAIRWAY sales from October 2014 and August 2019 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 October 2014 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the August 2019 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 53 THE FAIRWAY?

53 THE FAIRWAY is 128m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 53 THE FAIRWAY lies on this distribution: 58% of detached houses are smaller than 53 THE FAIRWAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Oadby.

53 THE FAIRWAY: Plot and Title Map

53 THE FAIRWAY sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of 53 THE FAIRWAY, 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 53 THE FAIRWAY). 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 53 THE FAIRWAY?

53 THE FAIRWAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 53 on THE FAIRWAY.