5, LAUREL DRIVE, OADBY, LEICESTER, LE2 4RT - £290,000

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 LAUREL DRIVE is a small extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £360,741. It was last sold for £290,000 in November 2017, which was around 11% below the average November 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

5 LAUREL DRIVE Sold Prices

Land registry data shows one sale for 5 LAUREL DRIVE 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
2017 3 NOV	£290,000	£327,335	11% below HPI

What might 5 LAUREL DRIVE be worth now?

5 LAUREL DRIVE might now be worth an estimated £360,741.

This is based on house price inflation of 24.4%, between November 2017 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 24.4% inflationary increase is applied to the most recent sale price for 5 LAUREL DRIVE of £290,000 on 3rd November 2017. For the value to have increased from £290,000 to £360,741 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 5 LAUREL DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The November 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAUREL DRIVE has not materially changed since November 2017.

How Large is 5 LAUREL DRIVE?

5 LAUREL DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 5 LAUREL DRIVE lies on this distribution: 39% of detached houses are smaller than 5 LAUREL DRIVE, and 60% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

5 LAUREL DRIVE: Plot

5 LAUREL DRIVE sits on a plot of roughly 0.206 of an acre, or 835m².

Where is 5 LAUREL DRIVE?

5 LAUREL DRIVE is located in OADBY, in the LE2 postcode district.