17, SOMERBY DRIVE, OADBY, LEICESTER, LE2 4PH - £250,000

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.

17 SOMERBY DRIVE is a detached house, which could now be worth an estimated £308,146. It was last sold for £250,000 in May 2018, which was around 24% below the average May 2018 detached price in the Oadby and Wigston local authority area.

17 SOMERBY DRIVE Sold Prices

Land registry data shows two sales for 17 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 17 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
2018 18 MAY	£250,000	£330,349	24% below HPI
2008 19 DEC	£130,000	£226,600	43% below HPI

What might 17 SOMERBY DRIVE be worth now?

17 SOMERBY DRIVE might now be worth an estimated £308,146.

This is based on house price inflation of 23.3%, between May 2018 and April 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 23.3% inflationary increase is applied to the most recent sale price for 17 SOMERBY DRIVE of £250,000 on 18th May 2018. For the value to have increased from £250,000 to £308,146 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 17 SOMERBY DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The May 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SOMERBY DRIVE has not materially changed since May 2018.

Where is 17 SOMERBY DRIVE?

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