8, RINGERS SPINNEY, OADBY, LEICESTER, LE2 2HA - £249,999

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.

8 RINGERS SPINNEY is a small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £416,952. It was last sold for £249,999 in June 2012, which was around 1% above the average June 2012 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was D.

8 RINGERS SPINNEY Sold Prices

Land registry data shows three sales for 8 RINGERS SPINNEY 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. Two of the three 8 RINGERS SPINNEY sales were for above the average price, whilst one was for below 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
2012 15 JUN	£249,999	£246,625	1% above HPI
2005 24 MAR	£249,950	£241,109	4% above HPI
2004 10 NOV	£50,000	£233,700	79% below HPI

8 RINGERS SPINNEY 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 8 RINGERS SPINNEY sales between November 2004 and June 2012 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 March 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 RINGERS SPINNEY be worth now?

8 RINGERS SPINNEY might now be worth an estimated £416,952.

This is based on house price inflation of 66.8%, between June 2012 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 66.8% inflationary increase is applied to the most recent sale price for 8 RINGERS SPINNEY of £249,999 on 15th June 2012. For the value to have increased from £249,999 to £416,952 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 8 RINGERS SPINNEY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 2012 sale price of £249,999 represented a fair market value for the property.
• The size, condition, and specification of 8 RINGERS SPINNEY has not materially changed since June 2012.

How Large is 8 RINGERS SPINNEY?

8 RINGERS SPINNEY is 93m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% 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 8 RINGERS SPINNEY lies on this distribution: 23% of detached houses houses are smaller than 8 RINGERS SPINNEY, and 77% of houses are larger. Note that EPC data is not available for all properties in Oadby.

8 RINGERS SPINNEY: Plot and Title Map

8 RINGERS SPINNEY sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 8 RINGERS SPINNEY, 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 8 RINGERS SPINNEY). 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 8 RINGERS SPINNEY?

8 RINGERS SPINNEY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 8 on RINGERS SPINNEY.