1, WHEATLAND CLOSE, OADBY, LEICESTER, LE2 4SY - £200,000

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.

1 WHEATLAND CLOSE is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £306,975. It was last sold for £200,000 in November 2007, which was around 25% below the average November 2007 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

1 WHEATLAND CLOSE Sold Prices

Land registry data shows two sales for 1 WHEATLAND 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. One of the two 1 WHEATLAND CLOSE sales was for below the average price, whilst the other was 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
2007 7 NOV	£200,000	£267,986	25% below HPI
1998 9 JAN	£105,000	£98,743	6% above HPI

1 WHEATLAND 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 WHEATLAND CLOSE sales from January 1998 and November 2007 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 January 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2007 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 WHEATLAND CLOSE be worth now?

1 WHEATLAND CLOSE might now be worth an estimated £306,975.

This is based on house price inflation of 53.5%, between November 2007 and February 2025, 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 53.5% inflationary increase is applied to the most recent sale price for 1 WHEATLAND CLOSE of £200,000 on 7th November 2007. For the value to have increased from £200,000 to £306,975 over the eighteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 WHEATLAND CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The November 2007 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WHEATLAND CLOSE has not materially changed since November 2007.

How Large is 1 WHEATLAND CLOSE?

1 WHEATLAND CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 50% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 1 WHEATLAND CLOSE lies on this distribution: 47% of detached houses houses are smaller than 1 WHEATLAND CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Oadby.

1 WHEATLAND CLOSE: Plot and Title Map

1 WHEATLAND CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 1 WHEATLAND 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 WHEATLAND 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 WHEATLAND CLOSE?

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