CROSSWAYS, QUEEN STREET, OADBY, LEICESTER, LE2 4NJ - £162,500

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.

CROSSWAYS is a large extended semi-detached house of 144m², built sometime between 1930 and 1949, which could now be worth an estimated £283,994. It was last sold for £162,500 in April 2005, which was around 10% above the average April 2005 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was C.

CROSSWAYS Sold Prices

Land registry data shows three sales for CROSSWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Two of the three CROSSWAYS 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
2005 12 APR	£162,500	£147,941	10% above HPI
2001 2 FEB	£97,000	£72,484	34% above HPI
1996 29 FEB	£42,500	£51,006	17% below HPI

CROSSWAYS 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 three CROSSWAYS sales between February 1996 and April 2005 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 February 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2005 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might CROSSWAYS be worth now?

CROSSWAYS might now be worth an estimated £283,994.

This is based on house price inflation of 74.8%, between April 2005 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 74.8% inflationary increase is applied to the most recent sale price for CROSSWAYS of £162,500 on 12th April 2005. For the value to have increased from £162,500 to £283,994 over the 21 years to April 2026, the following assumptions must hold true:

• The value of CROSSWAYS has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The April 2005 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of CROSSWAYS has not materially changed since April 2005.

How Large is CROSSWAYS?

CROSSWAYS is 144m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 CROSSWAYS lies on this distribution: 70% of semi-detached houses houses are smaller than CROSSWAYS, and 30% of houses are larger. Note that EPC data is not available for all properties in Oadby.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on QUEEN STREET in OADBY, in the LE2 postcode district. The below map shows the position of CROSSWAYS on QUEEN STREET.