14, PENNINE CLOSE, OADBY, LEICESTER, LE2 4TB - £585,000

14 PENNINE CLOSE is a large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £585,000 in August 2022, which was around 42% above the average August 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

14 PENNINE CLOSE Sold Prices

Land registry data shows two sales for 14 PENNINE CLOSE since 1^st 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 14 PENNINE CLOSE 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
2022 5 AUG	£585,000	£412,580	42% above HPI
2019 20 MAY	£450,000	£336,130	34% above HPI

14 PENNINE 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 two 14 PENNINE CLOSE sales from May 2019 and August 2022 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 May 2019 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2022 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 14 PENNINE CLOSE?

14 PENNINE CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 14 PENNINE CLOSE lies on this distribution: 77% of detached houses are smaller than 14 PENNINE CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Oadby.

14 PENNINE CLOSE: Plot and Title Map

14 PENNINE CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 14 PENNINE 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 14 PENNINE 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 14 PENNINE CLOSE?

14 PENNINE CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 14 on PENNINE CLOSE.