7, GORSE LANE, OADBY, LEICESTER, LE2 4RR - £420,000

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.

7 GORSE LANE is a detached house, which could now be worth an estimated £723,229. It was last sold for £420,000 in December 2005, which was around 78% above the average December 2005 detached price in the Oadby and Wigston local authority area.

7 GORSE LANE Sold Prices

Land registry data shows two sales for 7 GORSE LANE 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 7 GORSE LANE sales were for above 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
2005 20 DEC	£420,000	£236,463	78% above HPI
1998 9 JAN	£123,000	£98,743	25% above HPI

What might 7 GORSE LANE be worth now?

7 GORSE LANE might now be worth an estimated £723,229.

This is based on house price inflation of 72.2%, between December 2005 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 72.2% inflationary increase is applied to the most recent sale price for 7 GORSE LANE of £420,000 on 20th December 2005. For the value to have increased from £420,000 to £723,229 over the 21 years and eight months to April 2026, the following assumptions must hold true:

• The value of 7 GORSE LANE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The December 2005 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GORSE LANE has not materially changed since December 2005.

Where is 7 GORSE LANE?

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