13, RAINE WAY, OADBY, LEICESTER, LE2 4UB - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

13 RAINE WAY is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £360,000 in October 2019, which was around 6% above the average October 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

13 RAINE WAY Sold Prices

Land registry data shows four sales for 13 RAINE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Most of the four 13 RAINE WAY sales were for above 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
2019 11 OCT	£360,000	£340,561	6% above HPI
2019 23 AUG	£360,000	£342,554	5% above HPI
2011 12 AUG	£240,000	£242,947	1% below HPI
1999 28 JUN	£105,000	£102,775	2% above HPI

13 RAINE WAY 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 four 13 RAINE WAY sales between June 1999 and October 2019 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 2019 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2019 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 13 RAINE WAY?

13 RAINE WAY is 111m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 13 RAINE WAY lies on this distribution: 40% of detached houses are smaller than 13 RAINE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Oadby.

13 RAINE WAY: Plot and Title Map

13 RAINE WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 13 RAINE WAY, 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 13 RAINE WAY). 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 13 RAINE WAY?

13 RAINE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 13 on RAINE WAY.