8, RICHMOND WAY, OADBY, LEICESTER, LE2 5TR - £89,500

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.

8 RICHMOND WAY is a very small detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £293,399. It was last sold for £89,500 in December 2000, which was around 29% below the average December 2000 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

8 RICHMOND WAY Sold Prices

Land registry data shows one sale for 8 RICHMOND WAY 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
2000 8 DEC	£89,500	£126,212	29% below HPI

What might 8 RICHMOND WAY be worth now?

8 RICHMOND WAY might now be worth an estimated £293,399.

This is based on house price inflation of 227.8%, between December 2000 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 227.8% inflationary increase is applied to the most recent sale price for 8 RICHMOND WAY of £89,500 on 8th December 2000. For the value to have increased from £89,500 to £293,399 over the 26 years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 RICHMOND WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The December 2000 sale price of £89,500 represented a fair market value for the property.
• The size, condition, and specification of 8 RICHMOND WAY has not materially changed since December 2000.

How Large is 8 RICHMOND WAY?

8 RICHMOND WAY is 81m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 8 RICHMOND WAY lies on this distribution: 11% of detached houses are smaller than 8 RICHMOND WAY, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Oadby.

8 RICHMOND WAY: Plot

8 RICHMOND WAY sits on a plot of roughly 0.064 of an acre, or 258m².

Where is 8 RICHMOND WAY?

8 RICHMOND WAY is located in OADBY, in the LE2 postcode district.