2, CARFAX AVENUE, OADBY, LEICESTER, LE2 5FB - £480,000

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

2 CARFAX AVENUE is a very large extended detached house of 168m², built sometime between 1930 and 1949, which could now be worth an estimated £557,878. It was last sold for £480,000 in October 2019, which was around 39% above the average October 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 CARFAX AVENUE Sold Prices

Land registry data shows three sales for 2 CARFAX AVENUE 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. Two of the three 2 CARFAX AVENUE sales were for above the average price, whilst one was 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
2019 25 OCT	£480,000	£344,570	39% above HPI
2012 12 OCT	£385,000	£242,325	59% above HPI
2007 17 AUG	£205,000	£261,689	22% below HPI

2 CARFAX AVENUE 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 2 CARFAX AVENUE sales between August 2007 and October 2019 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 October 2012 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the October 2019 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 CARFAX AVENUE be worth now?

2 CARFAX AVENUE might now be worth an estimated £557,878.

This is based on house price inflation of 16.2%, between October 2019 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 16.2% inflationary increase is applied to the most recent sale price for 2 CARFAX AVENUE of £480,000 on 25th October 2019. For the value to have increased from £480,000 to £557,878 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 CARFAX AVENUE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2019 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CARFAX AVENUE has not materially changed since October 2019.

How Large is 2 CARFAX AVENUE?

2 CARFAX AVENUE is 168m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 2 CARFAX AVENUE lies on this distribution: 82% of detached houses houses are smaller than 2 CARFAX AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 CARFAX AVENUE: Plot and Title Map

2 CARFAX AVENUE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 2 CARFAX AVENUE, 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 2 CARFAX AVENUE). 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 2 CARFAX AVENUE?

2 CARFAX AVENUE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 2 on CARFAX AVENUE.