115, ROSEMEAD DRIVE, OADBY, LEICESTER, LE2 5PP - £215,000

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

115 ROSEMEAD DRIVE is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £215,000 in November 2016, which was around 26% below the average November 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

115 ROSEMEAD DRIVE Sold Prices

Land registry data shows two sales for 115 ROSEMEAD DRIVE 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 115 ROSEMEAD DRIVE 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
2016 30 NOV	£215,000	£291,791	26% below HPI
2000 15 DEC	£94,000	£124,744	25% below HPI

115 ROSEMEAD DRIVE 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 115 ROSEMEAD DRIVE sales from December 2000 and November 2016 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 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 115 ROSEMEAD DRIVE?

115 ROSEMEAD DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 115 ROSEMEAD DRIVE lies on this distribution: 26% of detached houses are smaller than 115 ROSEMEAD DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Oadby.

115 ROSEMEAD DRIVE: Plot and Title Map

115 ROSEMEAD DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 115 ROSEMEAD DRIVE, 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 115 ROSEMEAD DRIVE). 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 115 ROSEMEAD DRIVE?

115 ROSEMEAD DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 115 on ROSEMEAD DRIVE.