70, THE BROADWAY, OADBY, LEICESTER, LE2 2HG - £249,000

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 THE BROADWAY is a midsized extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £486,965. It was last sold for £249,000 in April 2009, which was around 18% above the average April 2009 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

70 THE BROADWAY Sold Prices

Land registry data shows three sales for 70 THE BROADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 70 THE BROADWAY 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
2009 2 APR	£249,000	£210,323	18% above HPI
2006 19 JUL	£280,000	£244,835	14% above HPI
1997 1 JUL	£112,500	£93,441	20% above HPI

70 THE BROADWAY 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 three 70 THE BROADWAY sales between July 1997 and April 2009 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 July 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2009 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 70 THE BROADWAY be worth now?

70 THE BROADWAY might now be worth an estimated £486,965.

This is based on house price inflation of 95.6%, between April 2009 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 95.6% inflationary increase is applied to the most recent sale price for 70 THE BROADWAY of £249,000 on 2nd April 2009. For the value to have increased from £249,000 to £486,965 over the sixteen years and two months to February 2025, the following assumptions must hold true:

• The value of 70 THE BROADWAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The April 2009 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 70 THE BROADWAY has not materially changed since April 2009.

How Large is 70 THE BROADWAY?

70 THE BROADWAY is 125m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 50% 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 70 THE BROADWAY lies on this distribution: 55% of detached houses houses are smaller than 70 THE BROADWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Oadby.

70 THE BROADWAY: Plot and Title Map

70 THE BROADWAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 70 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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