12, FOREST RISE, OADBY, LEICESTER, LE2 4FH - £532,500

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

12 FOREST RISE is a large extended detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £527,355. It was last sold for £532,500 in October 2023, which was around 32% above the average October 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

12 FOREST RISE Sold Prices

Land registry data shows three sales for 12 FOREST RISE since 1^st 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. Two of the three 12 FOREST RISE sales were for above the average price, whilst one was 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
2023 24 OCT	£532,500	£404,382	32% above HPI
2007 15 AUG	£250,000	£261,689	4% below HPI
1996 17 JUL	£84,000	£82,740	2% above HPI

12 FOREST RISE 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 three 12 FOREST RISE sales between July 1996 and October 2023 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 12 FOREST RISE be worth now?

12 FOREST RISE might now be worth an estimated £527,355.

This is based on house price deflation of 1%, between October 2023 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 1% deflationary decrease is applied to the most recent sale price for 12 FOREST RISE of £532,500 on 24th October 2023. For the value to have decreased from £532,500 to £527,355 over the ten months to December 2024, the following assumptions must hold true:

• The value of 12 FOREST RISE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2023 sale price of £532,500 represented a fair market value for the property.
• The size, condition, and specification of 12 FOREST RISE has not materially changed since October 2023.

How Large is 12 FOREST RISE?

12 FOREST RISE is 144m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% 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 12 FOREST RISE lies on this distribution: 71% of detached houses houses are smaller than 12 FOREST RISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Oadby.

12 FOREST RISE: Plot and Title Map

12 FOREST RISE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 12 FOREST RISE, 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 12 FOREST RISE). 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 12 FOREST RISE?

12 FOREST RISE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 12 on FOREST RISE.