12, WILLOW HERB CLOSE, OADBY, LEICESTER, LE2 4QG - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 WILLOW HERB CLOSE is a small extended detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £343,169. It was last sold for £350,000 in April 2023, which was around 17% below the average April 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

12 WILLOW HERB CLOSE Sold Prices

Land registry data shows five sales for 12 WILLOW HERB CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the five 12 WILLOW HERB CLOSE 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
2023 14 APR	£350,000	£419,513	17% below HPI
2016 31 OCT	£250,000	£294,205	15% below HPI
2012 17 FEB	£200,000	£240,597	17% below HPI
2006 29 SEP	£208,000	£250,032	17% below HPI
2003 19 DEC	£187,995	£214,826	12% below HPI

12 WILLOW HERB CLOSE 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 five 12 WILLOW HERB CLOSE sales between December 2003 and April 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 October 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 12 WILLOW HERB CLOSE be worth now?

12 WILLOW HERB CLOSE might now be worth an estimated £343,169.

This is based on house price deflation of 2%, between April 2023 and February 2025, 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 2% deflationary decrease is applied to the most recent sale price for 12 WILLOW HERB CLOSE of £350,000 on 14th April 2023. For the value to have decreased from £350,000 to £343,169 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 12 WILLOW HERB CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The April 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WILLOW HERB CLOSE has not materially changed since April 2023.

How Large is 12 WILLOW HERB CLOSE?

12 WILLOW HERB CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 WILLOW HERB CLOSE lies on this distribution: 24% of detached houses houses are smaller than 12 WILLOW HERB CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Oadby.

12 WILLOW HERB CLOSE: Plot and Title Map

12 WILLOW HERB CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 WILLOW HERB CLOSE, 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 WILLOW HERB CLOSE). 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 WILLOW HERB CLOSE?

12 WILLOW HERB CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 12 on WILLOW HERB CLOSE.