155, ROSEMEAD DRIVE, OADBY, LEICESTER, LE2 5PP - £355,400

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

155 ROSEMEAD DRIVE is a midsized extended detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £342,362. It was last sold for £355,400 in October 2024, which was around 15% below the average October 2024 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

155 ROSEMEAD DRIVE Sold Prices

Land registry data shows four sales for 155 ROSEMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 155 ROSEMEAD DRIVE 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
2024 18 OCT	£355,400	£415,726	15% below HPI
2019 6 SEP	£320,000	£346,663	8% below HPI
2000 6 OCT	£103,000	£125,126	18% below HPI
1996 22 NOV	£68,000	£86,460	21% below HPI

155 ROSEMEAD DRIVE 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 four 155 ROSEMEAD DRIVE sales between November 1996 and October 2024 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 September 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 155 ROSEMEAD DRIVE be worth now?

155 ROSEMEAD DRIVE might now be worth an estimated £342,362.

This is based on house price deflation of 3.7%, between October 2024 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 3.7% deflationary decrease is applied to the most recent sale price for 155 ROSEMEAD DRIVE of £355,400 on 18th October 2024. For the value to have decreased from £355,400 to £342,362 over the ten months to December 2024, the following assumptions must hold true:

• The value of 155 ROSEMEAD DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2024 sale price of £355,400 represented a fair market value for the property.
• The size, condition, and specification of 155 ROSEMEAD DRIVE has not materially changed since October 2024.

How Large is 155 ROSEMEAD DRIVE?

155 ROSEMEAD DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 155 ROSEMEAD DRIVE lies on this distribution: 40% of detached houses houses are smaller than 155 ROSEMEAD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Oadby.

155 ROSEMEAD DRIVE: Plot and Title Map

155 ROSEMEAD DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 155 ROSEMEAD DRIVE, 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 155 ROSEMEAD DRIVE). 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 155 ROSEMEAD DRIVE?

155 ROSEMEAD DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 155 on ROSEMEAD DRIVE.