41, GORSE LANE, OADBY, LEICESTER, LE2 4RR - £395,000

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.

41 GORSE LANE is a large extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £486,871. It was last sold for £395,000 in May 2018, which was around 20% above the average May 2018 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

41 GORSE LANE Sold Prices

Land registry data shows one sale for 41 GORSE LANE 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
2018 25 MAY	£395,000	£330,349	20% above HPI

What might 41 GORSE LANE be worth now?

41 GORSE LANE might now be worth an estimated £486,871.

This is based on house price inflation of 23.3%, between May 2018 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 23.3% inflationary increase is applied to the most recent sale price for 41 GORSE LANE of £395,000 on 25th May 2018. For the value to have increased from £395,000 to £486,871 over the eight years and one month to April 2026, the following assumptions must hold true:

• The value of 41 GORSE LANE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The May 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GORSE LANE has not materially changed since May 2018.

How Large is 41 GORSE LANE?

41 GORSE LANE is 148m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 41 GORSE LANE lies on this distribution: 73% of detached houses are smaller than 41 GORSE LANE, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

41 GORSE LANE: Plot

41 GORSE LANE sits on a plot of roughly 0.120 of an acre, or 486m².

Where is 41 GORSE LANE?

41 GORSE LANE is located in OADBY, in the LE2 postcode district.