16, SUTTON CLOSE, OADBY, LEICESTER, LE2 5WT - £125,000

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 SUTTON CLOSE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £125,000 in April 2009, which was around 40% below the average April 2009 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

16 SUTTON CLOSE Sold Prices

Land registry data shows two sales for 16 SUTTON CLOSE 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 16 SUTTON CLOSE 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
2009 15 APR	£125,000	£207,876	40% below HPI
1998 27 MAR	£78,000	£98,635	21% below HPI

16 SUTTON CLOSE 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 16 SUTTON CLOSE sales from March 1998 and April 2009 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 March 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2009 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 SUTTON CLOSE?

16 SUTTON CLOSE is 96m² according to the EPC inspection conducted in November 2016. 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 16 SUTTON CLOSE lies on this distribution: 25% of detached houses are smaller than 16 SUTTON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Oadby.

16 SUTTON CLOSE: Plot and Title Map

16 SUTTON CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 16 SUTTON CLOSE, 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 SUTTON CLOSE). 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 SUTTON CLOSE?

16 SUTTON CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 16 on SUTTON CLOSE.