3, PRINCE DRIVE, OADBY, LEICESTER, LE2 4SB - £344,000

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.

3 PRINCE DRIVE is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £332,211. It was last sold for £344,000 in February 2023, which was around 18% below the average February 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

3 PRINCE DRIVE Sold Prices

Land registry data shows one sale for 3 PRINCE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Oadby and Wigston 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
2023 16 FEB	£344,000	£421,633	18% below HPI

What might 3 PRINCE DRIVE be worth now?

3 PRINCE DRIVE might now be worth an estimated £332,211.

This is based on house price deflation of 3.4%, between February 2023 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 3.4% deflationary decrease is applied to the most recent sale price for 3 PRINCE DRIVE of £344,000 on 16th February 2023. For the value to have decreased from £344,000 to £332,211 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 PRINCE DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2023 sale price of £344,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRINCE DRIVE has not materially changed since February 2023.

How Large is 3 PRINCE DRIVE?

3 PRINCE DRIVE is 85m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 3 PRINCE DRIVE lies on this distribution: 14% of detached houses are smaller than 3 PRINCE DRIVE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

3 PRINCE DRIVE: Plot

3 PRINCE DRIVE sits on a plot of roughly 0.126 of an acre, or 509m².

Where is 3 PRINCE DRIVE?

3 PRINCE DRIVE is located in OADBY, in the LE2 postcode district.