7, PRINCESS AVENUE, OADBY, LEICESTER, LE2 4SD - £205,000

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.

7 PRINCESS AVENUE is a midsized semi-detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £314,467. It was last sold for £205,000 in August 2015, which was around 22% above the average August 2015 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

7 PRINCESS AVENUE Sold Prices

Land registry data shows two sales for 7 PRINCESS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 7 PRINCESS AVENUE 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
2015 7 AUG	£205,000	£168,548	22% above HPI
2012 25 MAY	£179,950	£151,671	19% above HPI

7 PRINCESS AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 7 PRINCESS AVENUE sales from May 2012 and August 2015 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 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 7 PRINCESS AVENUE be worth now?

7 PRINCESS AVENUE might now be worth an estimated £314,467.

This is based on house price inflation of 53.4%, between August 2015 and April 2026, for semi-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 53.4% inflationary increase is applied to the most recent sale price for 7 PRINCESS AVENUE of £205,000 on 7th August 2015. For the value to have increased from £205,000 to £314,467 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 7 PRINCESS AVENUE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The August 2015 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PRINCESS AVENUE has not materially changed since August 2015.

How Large is 7 PRINCESS AVENUE?

7 PRINCESS AVENUE is 122m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 7 PRINCESS AVENUE lies on this distribution: 51% of semi-detached houses houses are smaller than 7 PRINCESS AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 PRINCESS AVENUE: Plot and Title Map

7 PRINCESS AVENUE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 7 PRINCESS AVENUE, 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 PRINCESS AVENUE). 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 PRINCESS AVENUE?

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