16, POWYS AVENUE, LEICESTER, LE2 2DP - £295,000

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

16 POWYS AVENUE is a large extended detached house of 136m², built sometime between 1900 and 1929. It was last sold for £295,000 in March 2023, which was around 29% below the average March 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

16 POWYS AVENUE Sold Prices

Land registry data shows three sales for 16 POWYS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. One of the three 16 POWYS AVENUE sales was for below the average price, whilst two 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
2023 1 MAR	£295,000	£416,241	29% below HPI
2010 1 SEP	£388,000	£248,582	56% above HPI
1997 28 NOV	£134,000	£100,132	34% above HPI

16 POWYS AVENUE 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 three 16 POWYS AVENUE sales between November 1997 and March 2023 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 2010 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 POWYS AVENUE?

16 POWYS AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 16 POWYS AVENUE lies on this distribution: 64% of detached houses are smaller than 16 POWYS AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Oadby.

16 POWYS AVENUE: Plot and Title Map

16 POWYS AVENUE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 16 POWYS AVENUE, 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 16 POWYS AVENUE). 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 16 POWYS AVENUE?

16 POWYS AVENUE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 16 on POWYS AVENUE.