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
120 LONDON ROAD is a large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £250,000 in March 2016, which was around 12% below the average March 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 120 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 120 LONDON ROAD 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 24 MAR | £250,000 | £282,588 | 12% below HPI |
2005 29 JUL | £210,000 | £237,855 | 12% 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 two 120 LONDON ROAD sales from July 2005 and March 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 July 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, which was also at 12% below the HPI.
120 LONDON ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 120 LONDON ROAD lies on this distribution: 65% of detached houses are smaller than 120 LONDON ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Oadby.
120 LONDON ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 120 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 120 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.
120 LONDON ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 120 on LONDON ROAD.