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
118 ROSEMEAD DRIVE is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £247,500 in July 2015, which was around 7% below the average July 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 118 ROSEMEAD DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 118 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 |
---|---|---|---|
2015 17 JUL | £247,500 | £266,070 | 7% below HPI |
2012 14 SEP | £215,000 | £248,517 | 13% below HPI |
2007 6 JUL | £240,000 | £254,220 | 6% below 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 three 118 ROSEMEAD DRIVE sales between July 2007 and July 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 September 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2015 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
118 ROSEMEAD DRIVE is 84m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 118 ROSEMEAD DRIVE lies on this distribution: 14% of detached houses are smaller than 118 ROSEMEAD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Oadby.
118 ROSEMEAD DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 118 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 118 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.
118 ROSEMEAD DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 118 on ROSEMEAD DRIVE.