12, THE FAIRWAY, OADBY, LEICESTER, LE2 2HH - £440,000

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.

12 THE FAIRWAY is a detached house, which could now be worth an estimated £781,615. It was last sold for £440,000 in May 2005, which was around 89% above the average May 2005 detached price in the Oadby and Wigston local authority area.

12 THE FAIRWAY Sold Prices

Land registry data shows two sales for 12 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 12 THE FAIRWAY 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
2005 6 MAY	£440,000	£232,914	89% above HPI
2000 18 AUG	£320,000	£121,064	164% above HPI

What might 12 THE FAIRWAY be worth now?

12 THE FAIRWAY might now be worth an estimated £781,615.

This is based on house price inflation of 77.6%, between May 2005 and May 2026, 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 77.6% inflationary increase is applied to the most recent sale price for 12 THE FAIRWAY of £440,000 on 6th May 2005. For the value to have increased from £440,000 to £781,615 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 12 THE FAIRWAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The May 2005 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE FAIRWAY has not materially changed since May 2005.

Where is 12 THE FAIRWAY?

12 THE FAIRWAY is located in OADBY, in the LE2 postcode district.