15, PENNINE CLOSE, OADBY, LEICESTER, LE2 4TB - £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.

15 PENNINE CLOSE is a detached house, which could now be worth an estimated £402,145. It was last sold for £249,999 in July 2007, which was around 3% below the average July 2007 detached price in the Oadby and Wigston local authority area.

15 PENNINE CLOSE Sold Prices

Land registry data shows four sales for 15 PENNINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Most of the four 15 PENNINE CLOSE sales were 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
2007 12 JUL	£249,999	£257,212	3% below HPI
1999 24 FEB	£96,750	£101,686	5% below HPI
1998 18 SEP	£100,000	£100,787	1% below HPI
1997 1 JUL	£94,950	£93,441	2% above HPI

What might 15 PENNINE CLOSE be worth now?

15 PENNINE CLOSE might now be worth an estimated £402,145.

This is based on house price inflation of 60.9%, between July 2007 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 60.9% inflationary increase is applied to the most recent sale price for 15 PENNINE CLOSE of £249,999 on 12th July 2007. For the value to have increased from £249,999 to £402,145 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 15 PENNINE CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The July 2007 sale price of £249,999 represented a fair market value for the property.
• The size, condition, and specification of 15 PENNINE CLOSE has not materially changed since July 2007.

Where is 15 PENNINE CLOSE?

15 PENNINE CLOSE is located in OADBY, in the LE2 postcode district.