15, WAVENEY RISE, OADBY, LEICESTER, LE2 4GG - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 WAVENEY RISE is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £290,000 in August 2017, which was around 7% below the average August 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

15 WAVENEY RISE Sold Prices

Land registry data shows two sales for 15 WAVENEY RISE 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 WAVENEY RISE 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
2017 24 AUG	£290,000	£310,551	7% below HPI
2012 14 NOV	£195,000	£243,848	20% below HPI

15 WAVENEY RISE 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 WAVENEY RISE sales from November 2012 and August 2017 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 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 WAVENEY RISE?

15 WAVENEY RISE is 92m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 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 WAVENEY RISE lies on this distribution: 22% of detached houses are smaller than 15 WAVENEY RISE, and 78% of houses are larger. Note that EPC data is not available for all properties in Oadby.

15 WAVENEY RISE: Plot and Title Map

15 WAVENEY RISE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 15 WAVENEY RISE, 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 WAVENEY RISE). 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 WAVENEY RISE?

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