4, THE MORWOODS, OADBY, LEICESTER, LE2 5ED - £325,000

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 THE MORWOODS is a large extended semi-detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £356,149. It was last sold for £325,000 in December 2021, which was around 38% above the average December 2021 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

4 THE MORWOODS Sold Prices

Land registry data shows one sale for 4 THE MORWOODS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 17 DEC	£325,000	£235,937	38% above HPI

What might 4 THE MORWOODS be worth now?

4 THE MORWOODS might now be worth an estimated £356,149.

This is based on house price inflation of 9.6%, between December 2021 and April 2026, for semi-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 9.6% inflationary increase is applied to the most recent sale price for 4 THE MORWOODS of £325,000 on 17th December 2021. For the value to have increased from £325,000 to £356,149 over the five years and eight months to April 2026, the following assumptions must hold true:

• The value of 4 THE MORWOODS has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The December 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE MORWOODS has not materially changed since December 2021.

How Large is 4 THE MORWOODS?

4 THE MORWOODS is 107m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 30% of semi-detached houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Oadby, and where 4 THE MORWOODS lies on this distribution: 78% of semi-detached houses are smaller than 4 THE MORWOODS, and 21% of semi-detached houses are larger. Note that EPC data is not available for all properties in Oadby.

4 THE MORWOODS: Plot

4 THE MORWOODS sits on a plot of roughly 0.088 of an acre, or 357m².

Where is 4 THE MORWOODS?

4 THE MORWOODS is located in OADBY, in the LE2 postcode district.