15, NEWBY GARDENS, OADBY, LEICESTER, LE2 4UG - £182,750

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

15 NEWBY GARDENS is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £335,475. It was last sold for £182,750 in April 2004, which was around 16% below the average April 2004 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

15 NEWBY GARDENS Sold Prices

Land registry data shows two sales for 15 NEWBY GARDENS 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 15 NEWBY GARDENS 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
2004 2 APR	£182,750	£218,159	16% below HPI
1996 24 MAY	£67,000	£85,564	22% below HPI

15 NEWBY GARDENS 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 15 NEWBY GARDENS sales from May 1996 and April 2004 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 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2004 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 15 NEWBY GARDENS be worth now?

15 NEWBY GARDENS might now be worth an estimated £335,475.

This is based on house price inflation of 83.6%, between April 2004 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 83.6% inflationary increase is applied to the most recent sale price for 15 NEWBY GARDENS of £182,750 on 2nd April 2004. For the value to have increased from £182,750 to £335,475 over the nineteen years and four months to December 2024, the following assumptions must hold true:

• The value of 15 NEWBY GARDENS has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The April 2004 sale price of £182,750 represented a fair market value for the property.
• The size, condition, and specification of 15 NEWBY GARDENS has not materially changed since April 2004.

How Large is 15 NEWBY GARDENS?

15 NEWBY GARDENS is 82m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% 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 15 NEWBY GARDENS lies on this distribution: 11% of detached houses houses are smaller than 15 NEWBY GARDENS, and 88% of houses are larger. Note that EPC data is not available for all properties in Oadby.

15 NEWBY GARDENS: Plot and Title Map

15 NEWBY GARDENS sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 15 NEWBY GARDENS, 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 15 NEWBY GARDENS). 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 15 NEWBY GARDENS?

15 NEWBY GARDENS is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 15 on NEWBY GARDENS.