19, RICHMOND WAY, OADBY, LEICESTER, LE2 5TR - £198,000

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

19 RICHMOND WAY is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £198,000 in August 2011, which was around 19% below the average August 2011 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

19 RICHMOND WAY Sold Prices

Land registry data shows two sales for 19 RICHMOND WAY 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 19 RICHMOND WAY 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
2011 26 AUG	£198,000	£242,947	19% below HPI
2010 30 APR	£165,000	£233,479	29% below HPI

19 RICHMOND 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 two 19 RICHMOND WAY sales from April 2010 and August 2011 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 April 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2011 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 19 RICHMOND WAY?

19 RICHMOND WAY is 83m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 19 RICHMOND WAY lies on this distribution: 12% of detached houses are smaller than 19 RICHMOND WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Oadby.

19 RICHMOND WAY: Plot and Title Map

19 RICHMOND WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 19 RICHMOND 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 RICHMOND 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 RICHMOND WAY?

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