14, WRIGHT LANE, OADBY, LEICESTER, LE2 4TU - £220,000

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

14 WRIGHT LANE is a midsized extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £402,806. It was last sold for £220,000 in August 2009, which was around 1% above the average August 2009 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

14 WRIGHT LANE Sold Prices

Land registry data shows two sales for 14 WRIGHT LANE 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. One of the two 14 WRIGHT LANE sales was for above the average price, whilst the other 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
2009 28 AUG	£220,000	£218,727	1% above HPI
2006 10 NOV	£235,000	£251,663	7% below HPI

14 WRIGHT LANE 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 WRIGHT LANE sales from November 2006 and August 2009 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 November 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2009 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 14 WRIGHT LANE be worth now?

14 WRIGHT LANE might now be worth an estimated £402,806.

This is based on house price inflation of 83.1%, between August 2009 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 83.1% inflationary increase is applied to the most recent sale price for 14 WRIGHT LANE of £220,000 on 28th August 2009. For the value to have increased from £220,000 to £402,806 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 14 WRIGHT LANE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The August 2009 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WRIGHT LANE has not materially changed since August 2009.

How Large is 14 WRIGHT LANE?

14 WRIGHT LANE is 122m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 14 WRIGHT LANE lies on this distribution: 52% of detached houses houses are smaller than 14 WRIGHT LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Oadby.

14 WRIGHT LANE: Plot and Title Map

14 WRIGHT LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 14 WRIGHT LANE, 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 WRIGHT LANE). 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 WRIGHT LANE?

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