40, THE BROADWAY, OADBY, LEICESTER, LE2 2HE - £340,000

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.

40 THE BROADWAY is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £552,454. It was last sold for £340,000 in July 2012, which was around 36% above the average July 2012 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

40 THE BROADWAY Sold Prices

Land registry data shows one sale for 40 THE BROADWAY 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
2012 31 JUL	£340,000	£250,595	36% above HPI

What might 40 THE BROADWAY be worth now?

40 THE BROADWAY might now be worth an estimated £552,454.

This is based on house price inflation of 62.5%, between July 2012 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 62.5% inflationary increase is applied to the most recent sale price for 40 THE BROADWAY of £340,000 on 31st July 2012. For the value to have increased from £340,000 to £552,454 over the fourteen years and three months to April 2026, the following assumptions must hold true:

• The value of 40 THE BROADWAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The July 2012 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE BROADWAY has not materially changed since July 2012.

How Large is 40 THE BROADWAY?

40 THE BROADWAY is 80m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 40 THE BROADWAY lies on this distribution: 9% of detached houses are smaller than 40 THE BROADWAY, and 90% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

40 THE BROADWAY: Plot

40 THE BROADWAY sits on a plot of roughly 0.282 of an acre, or 1,141m².

Where is 40 THE BROADWAY?

40 THE BROADWAY is located in OADBY, in the LE2 postcode district.