10, RAINE WAY, OADBY, LEICESTER, LE2 4UB - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 RAINE WAY is a midsized detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £445,938. It was last sold for £310,000 in November 2015, which was around 11% above the average November 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

10 RAINE WAY Sold Prices

Land registry data shows two sales for 10 RAINE WAY 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 10 RAINE WAY 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
2015 2 NOV	£310,000	£278,396	11% above HPI
1996 16 MAY	£87,500	£85,564	2% above HPI

10 RAINE WAY 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 10 RAINE WAY sales from May 1996 and November 2015 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 May 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 10 RAINE WAY be worth now?

10 RAINE WAY might now be worth an estimated £445,938.

This is based on house price inflation of 43.9%, between November 2015 and December 2024, 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 43.9% inflationary increase is applied to the most recent sale price for 10 RAINE WAY of £310,000 on 2nd November 2015. For the value to have increased from £310,000 to £445,938 over the eight years and eleven months to December 2024, the following assumptions must hold true:

• The value of 10 RAINE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The November 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RAINE WAY has not materially changed since November 2015.

How Large is 10 RAINE WAY?

10 RAINE WAY is 113m² according to the EPC inspection conducted in July 2015. 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 10 RAINE WAY lies on this distribution: 43% of detached houses houses are smaller than 10 RAINE WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Oadby.

10 RAINE WAY: Plot and Title Map

10 RAINE WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 10 RAINE WAY, 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 10 RAINE WAY). 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 10 RAINE WAY?

10 RAINE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 10 on RAINE WAY.