61, PIPISTRELLE WAY, OADBY, LEICESTER, LE2 4QA - £256,250

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.

61 PIPISTRELLE WAY is a very small detached house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £283,861. It was last sold for £256,250 in December 2020, which was around 31% below the average December 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

61 PIPISTRELLE WAY Sold Prices

Land registry data shows four sales for 61 PIPISTRELLE WAY 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 61 PIPISTRELLE WAY 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 8 DEC	£256,250	£371,316	31% below HPI
2020 27 NOV	£250,000	£364,260	31% below HPI
2014 5 SEP	£174,000	£263,579	34% below HPI
2004 9 DEC	£166,950	£232,556	28% below HPI

61 PIPISTRELLE WAY 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 61 PIPISTRELLE WAY sales between December 2004 and December 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 November 2020 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, which was also at 31% below the HPI.

What might 61 PIPISTRELLE WAY be worth now?

61 PIPISTRELLE WAY might now be worth an estimated £283,861.

This is based on house price inflation of 10.8%, between December 2020 and February 2025, 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 10.8% inflationary increase is applied to the most recent sale price for 61 PIPISTRELLE WAY of £256,250 on 8th December 2020. For the value to have increased from £256,250 to £283,861 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 61 PIPISTRELLE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The December 2020 sale price of £256,250 represented a fair market value for the property.
• The size, condition, and specification of 61 PIPISTRELLE WAY has not materially changed since December 2020.

How Large is 61 PIPISTRELLE WAY?

61 PIPISTRELLE WAY is 71m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 61 PIPISTRELLE WAY lies on this distribution: 4% of detached houses houses are smaller than 61 PIPISTRELLE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Oadby.

61 PIPISTRELLE WAY: Plot and Title Map

61 PIPISTRELLE WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 61 PIPISTRELLE WAY, 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 61 PIPISTRELLE WAY). 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 61 PIPISTRELLE WAY?

61 PIPISTRELLE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 61 on PIPISTRELLE WAY.