19, RINGERS SPINNEY, OADBY, LEICESTER, LE2 2HB - £451,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

19 RINGERS SPINNEY is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £440,277. It was last sold for £451,000 in October 2022, which was around 7% above the average October 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

19 RINGERS SPINNEY Sold Prices

Land registry data shows two sales for 19 RINGERS SPINNEY 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 RINGERS SPINNEY 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
2022 26 OCT	£451,000	£421,343	7% above HPI
2010 21 SEP	£265,500	£251,508	6% above HPI

19 RINGERS SPINNEY 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 RINGERS SPINNEY sales from September 2010 and October 2022 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 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 19 RINGERS SPINNEY be worth now?

19 RINGERS SPINNEY might now be worth an estimated £440,277.

This is based on house price deflation of 2.4%, between October 2022 and February 2025, 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 2.4% deflationary decrease is applied to the most recent sale price for 19 RINGERS SPINNEY of £451,000 on 26th October 2022. For the value to have decreased from £451,000 to £440,277 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 19 RINGERS SPINNEY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2022 sale price of £451,000 represented a fair market value for the property.
• The size, condition, and specification of 19 RINGERS SPINNEY has not materially changed since October 2022.

How Large is 19 RINGERS SPINNEY?

19 RINGERS SPINNEY is 85m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 RINGERS SPINNEY lies on this distribution: 14% of detached houses houses are smaller than 19 RINGERS SPINNEY, and 85% of houses are larger. Note that EPC data is not available for all properties in Oadby.

19 RINGERS SPINNEY: Plot and Title Map

19 RINGERS SPINNEY sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 19 RINGERS SPINNEY, 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 RINGERS SPINNEY). 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 RINGERS SPINNEY?

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