19, RAINE WAY, OADBY, LEICESTER, LE2 4UB - £250,000

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

19 RAINE WAY is a large extended detached house of 135m², built sometime between 1976 and 1982, which could now be worth an estimated £414,068. It was last sold for £250,000 in March 2012, which was around 3% above the average March 2012 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

19 RAINE WAY Sold Prices

Land registry data shows three sales for 19 RAINE WAY 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 19 RAINE WAY 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
2012 23 MAR	£250,000	£241,793	3% above HPI
1998 4 AUG	£128,000	£100,886	27% above HPI
1996 29 FEB	£92,250	£84,999	9% above HPI

19 RAINE WAY 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 19 RAINE WAY sales between February 1996 and March 2012 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 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2012 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 19 RAINE WAY be worth now?

19 RAINE WAY might now be worth an estimated £414,068.

This is based on house price inflation of 65.6%, between March 2012 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 65.6% inflationary increase is applied to the most recent sale price for 19 RAINE WAY of £250,000 on 23rd March 2012. For the value to have increased from £250,000 to £414,068 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 19 RAINE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 19 RAINE WAY has not materially changed since March 2012.

How Large is 19 RAINE WAY?

19 RAINE WAY is 135m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 19 RAINE WAY lies on this distribution: 64% of detached houses houses are smaller than 19 RAINE WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Oadby.

19 RAINE WAY: Plot and Title Map

19 RAINE WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 19 RAINE WAY, 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 19 RAINE WAY). 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 19 RAINE WAY?

19 RAINE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 19 on RAINE WAY.