41, THE MORWOODS, OADBY, LEICESTER, LE2 5ED - £240,000

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 THE MORWOODS is a midsized extended detached house of 124m², built sometime between 1950 and 1966, which could now be worth an estimated £389,044. It was last sold for £240,000 in November 2013, which was around 4% below the average November 2013 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

41 THE MORWOODS Sold Prices

Land registry data shows one sale for 41 THE MORWOODS 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
2013 29 NOV	£240,000	£251,190	4% below HPI

What might 41 THE MORWOODS be worth now?

41 THE MORWOODS might now be worth an estimated £389,044.

This is based on house price inflation of 62.1%, between November 2013 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 62.1% inflationary increase is applied to the most recent sale price for 41 THE MORWOODS of £240,000 on 29th November 2013. For the value to have increased from £240,000 to £389,044 over the thirteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 41 THE MORWOODS has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The November 2013 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 41 THE MORWOODS has not materially changed since November 2013.

How Large is 41 THE MORWOODS?

41 THE MORWOODS is 124m², which includes three extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% 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 THE MORWOODS lies on this distribution: 53% of detached houses are smaller than 41 THE MORWOODS, and 46% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

41 THE MORWOODS: Plot

41 THE MORWOODS sits on a plot of roughly 0.106 of an acre, or 429m².

Where is 41 THE MORWOODS?

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