2, OAKSIDE CLOSE, LEICESTER, LE5 6SN - £230,000

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.

2 OAKSIDE CLOSE is a very small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £266,797. It was last sold for £230,000 in May 2021, which was around 31% below the average May 2021 detached price in the Leicester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 OAKSIDE CLOSE Sold Prices

Land registry data shows one sale for 2 OAKSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Leicester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 28 MAY	£230,000	£334,144	31% below HPI

What might 2 OAKSIDE CLOSE be worth now?

2 OAKSIDE CLOSE might now be worth an estimated £266,797.

This is based on house price inflation of 16%, between May 2021 and May 2026, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for 2 OAKSIDE CLOSE of £230,000 on 28th May 2021. For the value to have increased from £230,000 to £266,797 over the five years to May 2026, the following assumptions must hold true:

• The value of 2 OAKSIDE CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKSIDE CLOSE has not materially changed since May 2021.

How Large is 2 OAKSIDE CLOSE?

2 OAKSIDE CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 2 OAKSIDE CLOSE lies on this distribution: 10% of detached houses are smaller than 2 OAKSIDE CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Leicester.

2 OAKSIDE CLOSE: Plot

2 OAKSIDE CLOSE sits on a plot of roughly 0.094 of an acre, or 381m².

Where is 2 OAKSIDE CLOSE?

2 OAKSIDE CLOSE is located in LEICESTER, in the LE5 postcode district.