15, SEVERN ROAD, OADBY, LEICESTER, LE2 4FU - £351,000

15 SEVERN ROAD is a large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £351,000 in September 2014, which was around 35% above the average September 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

15 SEVERN ROAD Sold Prices

Land registry data shows two sales for 15 SEVERN ROAD 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 SEVERN ROAD 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
2014 5 SEP	£351,000	£260,512	35% above HPI
2004 3 JUN	£233,000	£219,689	6% above HPI

15 SEVERN ROAD 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 SEVERN ROAD sales from June 2004 and September 2014 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 June 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2014 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 15 SEVERN ROAD?

15 SEVERN ROAD is 157m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 15 SEVERN ROAD lies on this distribution: 77% of detached houses are smaller than 15 SEVERN ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Oadby.

15 SEVERN ROAD: Plot and Title Map

15 SEVERN ROAD sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 15 SEVERN 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 15 SEVERN 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.

Where is 15 SEVERN ROAD?

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