1, FERNIE CLOSE, OADBY, LEICESTER, LE2 4SJ - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FERNIE CLOSE is a midsized extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £185,000 in January 2003, which was around 2% below the average January 2003 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

1 FERNIE CLOSE Sold Prices

Land registry data shows two sales for 1 FERNIE CLOSE 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 1 FERNIE CLOSE 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
2003 24 JAN	£185,000	£188,656	2% below HPI
1997 19 DEC	£92,500	£94,540	2% below HPI

1 FERNIE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 1 FERNIE CLOSE sales from December 1997 and January 2003 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2003 sale, which was also at 2% below the HPI.

How Large is 1 FERNIE CLOSE?

1 FERNIE CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in October 2014. 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 1 FERNIE CLOSE lies on this distribution: 58% of detached houses are smaller than 1 FERNIE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Oadby.

1 FERNIE CLOSE: Plot and Title Map

1 FERNIE CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 1 FERNIE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 FERNIE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 FERNIE CLOSE?

1 FERNIE CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 1 on FERNIE CLOSE.