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
108 LONDON ROAD is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2019, which was around 2% above the average August 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 108 LONDON ROAD since 1st 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 108 LONDON ROAD 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 |
---|---|---|---|
2019 30 AUG | £350,000 | £342,554 | 2% above HPI |
1999 20 AUG | £118,000 | £105,349 | 12% above HPI |
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 108 LONDON ROAD sales from August 1999 and August 2019 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 August 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
108 LONDON ROAD is 118m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 108 LONDON ROAD lies on this distribution: 48% of detached houses are smaller than 108 LONDON ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Oadby.
108 LONDON ROAD sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 108 LONDON ROAD, 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 108 LONDON ROAD). 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.
108 LONDON ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 108 on LONDON ROAD.