7, FOREST RISE, OADBY, LEICESTER, LE2 4FH - £310,000

7 FOREST RISE is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £310,000 in January 2016, which was around 14% above the average January 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

7 FOREST RISE Sold Prices

Land registry data shows two sales for 7 FOREST RISE 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 7 FOREST RISE 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
2016 22 JAN	£310,000	£271,514	14% above HPI
2002 27 MAY	£180,000	£151,708	19% above HPI

7 FOREST RISE 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 7 FOREST RISE sales from May 2002 and January 2016 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 May 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 7 FOREST RISE?

7 FOREST RISE is 141m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 7 FOREST RISE lies on this distribution: 69% of detached houses are smaller than 7 FOREST RISE, and 31% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 FOREST RISE: Plot and Title Map

7 FOREST RISE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 7 FOREST RISE, 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 7 FOREST RISE). 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 7 FOREST RISE?

7 FOREST RISE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 7 on FOREST RISE.