15, SOMERBY DRIVE, OADBY, LEICESTER, LE2 4PH - £190,000

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.

15 SOMERBY DRIVE is a detached house, which could now be worth an estimated £315,210. It was last sold for £190,000 in March 2007, which was around 24% below the average March 2007 detached price in the Oadby and Wigston local authority area.

15 SOMERBY DRIVE Sold Prices

Land registry data shows two sales for 15 SOMERBY DRIVE 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 15 SOMERBY DRIVE 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 6 MAR	£190,000	£249,396	24% below HPI
2002 5 SEP	£125,500	£172,591	27% below HPI

What might 15 SOMERBY DRIVE be worth now?

15 SOMERBY DRIVE might now be worth an estimated £315,210.

This is based on house price inflation of 65.9%, between March 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 65.9% inflationary increase is applied to the most recent sale price for 15 SOMERBY DRIVE of £190,000 on 6th March 2007. For the value to have increased from £190,000 to £315,210 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 15 SOMERBY DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2007 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SOMERBY DRIVE has not materially changed since March 2007.

Where is 15 SOMERBY DRIVE?

15 SOMERBY DRIVE is located in OADBY, in the LE2 postcode district.