18, THE OVAL, OADBY, LEICESTER, LE2 5JB - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 THE OVAL is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £425,000 in June 2021, which was around 20% above the average June 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

18 THE OVAL Sold Prices

Land registry data shows two sales for 18 THE OVAL 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 18 THE OVAL sales 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
2021 28 JUN	£425,000	£353,989	20% above HPI
2002 14 AUG	£191,000	£166,750	15% above HPI

18 THE OVAL 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 18 THE OVAL sales from August 2002 and June 2021 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 August 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 18 THE OVAL?

18 THE OVAL is 110m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 18 THE OVAL lies on this distribution: 51% of detached houses are smaller than 18 THE OVAL, and 48% of houses are larger. Note that EPC data is not available for all properties in Wigston.

18 THE OVAL: Plot and Title Map

18 THE OVAL sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 18 THE OVAL, 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 THE OVAL). 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 THE OVAL?

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