5, HILL WAY, OADBY, LEICESTER, LE2 5YG - £347,000

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.

5 HILL WAY is a detached house, which could now be worth an estimated £392,582. It was last sold for £347,000 in March 2021, which was around 5% below the average March 2021 detached price in the Oadby and Wigston local authority area.

5 HILL WAY Sold Prices

Land registry data shows two sales for 5 HILL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 5 HILL WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 MAR	£347,000	£365,708	5% below HPI
2006 4 SEP	£242,500	£250,032	3% below HPI

What might 5 HILL WAY be worth now?

5 HILL WAY might now be worth an estimated £392,582.

This is based on house price inflation of 13.1%, between March 2021 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 13.1% inflationary increase is applied to the most recent sale price for 5 HILL WAY of £347,000 on 12th March 2021. For the value to have increased from £347,000 to £392,582 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 HILL WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2021 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HILL WAY has not materially changed since March 2021.

Where is 5 HILL WAY?

5 HILL WAY is located in OADBY, in the LE2 postcode district.