18, ELLIOT CLOSE, OADBY, LEICESTER, LE2 4UN - £226,000

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

18 ELLIOT CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £226,000 in July 2007, which was around 11% below the average July 2007 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

18 ELLIOT CLOSE Sold Prices

Land registry data shows three sales for 18 ELLIOT CLOSE 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. All of the three 18 ELLIOT 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
2007 6 JUL	£226,000	£254,220	11% below HPI
2003 1 SEP	£198,000	£208,669	5% below HPI
1998 30 OCT	£94,000	£100,165	6% below HPI

18 ELLIOT 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 three 18 ELLIOT CLOSE sales between October 1998 and July 2007 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2007 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 18 ELLIOT CLOSE?

18 ELLIOT CLOSE is 115m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 18 ELLIOT CLOSE lies on this distribution: 45% of detached houses are smaller than 18 ELLIOT CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Oadby.

18 ELLIOT CLOSE: Plot and Title Map

18 ELLIOT CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 18 ELLIOT 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 18 ELLIOT 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 18 ELLIOT CLOSE?

18 ELLIOT CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 18 on ELLIOT CLOSE.