4, RIBBLE AVENUE, OADBY, LEICESTER, LE2 4NZ - £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.

4 RIBBLE AVENUE is a very large extended detached house of 164m², built sometime between 1967 and 1975, which could now be worth an estimated £460,594. It was last sold for £250,000 in February 2009, which was around 11% above the average February 2009 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2008, where the current energy rating was F, and the potential energy rating was E.

4 RIBBLE AVENUE Sold Prices

Land registry data shows one sale for 4 RIBBLE AVENUE 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
2009 27 FEB	£250,000	£224,573	11% above HPI

What might 4 RIBBLE AVENUE be worth now?

4 RIBBLE AVENUE might now be worth an estimated £460,594.

This is based on house price inflation of 84.2%, between February 2009 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 84.2% inflationary increase is applied to the most recent sale price for 4 RIBBLE AVENUE of £250,000 on 27th February 2009. For the value to have increased from £250,000 to £460,594 over the sixteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 RIBBLE AVENUE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RIBBLE AVENUE has not materially changed since February 2009.

How Large is 4 RIBBLE AVENUE?

4 RIBBLE AVENUE is 164m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the largest 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 4 RIBBLE AVENUE lies on this distribution: 80% of detached houses are smaller than 4 RIBBLE AVENUE, and 19% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

4 RIBBLE AVENUE: Plot

4 RIBBLE AVENUE sits on a plot of roughly 0.093 of an acre, or 376m².

Where is 4 RIBBLE AVENUE?

4 RIBBLE AVENUE is located in OADBY, in the LE2 postcode district.