70, LONDON ROAD, OADBY, LEICESTER, LE2 5DH - £225,000

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.

70 LONDON ROAD is a very small terraced house of 76m², built sometime before 1900, which could now be worth an estimated £227,418. It was last sold for £225,000 in May 2022, which was around 24% above the average May 2022 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

70 LONDON ROAD Sold Prices

Land registry data shows five sales for 70 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the five 70 LONDON ROAD 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
2022 16 MAY	£225,000	£181,623	24% above HPI
2003 17 OCT	£104,000	£89,460	16% above HPI
2001 15 FEB	£57,000	£49,573	15% above HPI
2000 6 OCT	£60,000	£49,284	22% above HPI
1996 15 MAR	£42,500	£36,604	16% above HPI

70 LONDON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The five 70 LONDON ROAD sales between March 1996 and May 2022 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 70 LONDON ROAD be worth now?

70 LONDON ROAD might now be worth an estimated £227,418.

This is based on house price inflation of 1.1%, between May 2022 and July 2026, for terraced 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 1.1% inflationary increase is applied to the most recent sale price for 70 LONDON ROAD of £225,000 on 16th May 2022. For the value to have increased from £225,000 to £227,418 over the three years and ten months to July 2026, the following assumptions must hold true:

• The value of 70 LONDON ROAD has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The May 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 70 LONDON ROAD has not materially changed since May 2022.

How Large is 70 LONDON ROAD?

70 LONDON ROAD is 76m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses houses in Oadby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oadby, and where 70 LONDON ROAD lies on this distribution: 7% of terraced houses houses are smaller than 70 LONDON ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Oadby.

70 LONDON ROAD: Plot and Title Map

70 LONDON ROAD sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 70 LONDON 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 70 LONDON 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 70 LONDON ROAD?

70 LONDON ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 70 on LONDON ROAD.