7, WYCH ELM ROAD, OADBY, LEICESTER, LE2 4EF - £391,000

7 WYCH ELM ROAD is a small detached house of 109m², built sometime between 1996 and 2002. It was last sold for £391,000 in October 2023, which was around 4% below the average October 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

7 WYCH ELM ROAD Sold Prices

Land registry data shows four sales for 7 WYCH ELM ROAD 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. two of the four 7 WYCH ELM ROAD sales were for below the average price, and four 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
2023 20 OCT	£391,000	£406,500	4% below HPI
2017 21 DEC	£330,000	£327,006	1% above HPI
2006 3 NOV	£225,000	£248,735	10% below HPI
1998 14 AUG	£108,000	£99,712	8% above HPI

7 WYCH ELM ROAD 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 7 WYCH ELM ROAD sales between August 1998 and October 2023 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 December 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 WYCH ELM ROAD?

7 WYCH ELM ROAD is 109m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 WYCH ELM ROAD lies on this distribution: 38% of detached houses are smaller than 7 WYCH ELM ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 WYCH ELM ROAD: Plot and Title Map

7 WYCH ELM ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 WYCH ELM ROAD, 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 WYCH ELM ROAD). 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 WYCH ELM ROAD?

7 WYCH ELM ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 7 on WYCH ELM ROAD.