2, CHARLES WAY, OADBY, LEICESTER, LE2 4RB - £156,000

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 CHARLES WAY is a very small extended detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £256,909. It was last sold for £156,000 in January 2013, which was around 36% below the average January 2013 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

2 CHARLES WAY Sold Prices

Land registry data shows two sales for 2 CHARLES 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 2 CHARLES 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
2013 25 JAN	£156,000	£243,176	36% below HPI
2006 13 JAN	£110,000	£237,652	54% below HPI

2 CHARLES 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 2 CHARLES WAY sales from January 2006 and January 2013 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 January 2006 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2013 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 CHARLES WAY be worth now?

2 CHARLES WAY might now be worth an estimated £256,909.

This is based on house price inflation of 64.7%, between January 2013 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 64.7% inflationary increase is applied to the most recent sale price for 2 CHARLES WAY of £156,000 on 25th January 2013. For the value to have increased from £156,000 to £256,909 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of 2 CHARLES WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The January 2013 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARLES WAY has not materially changed since January 2013.

How Large is 2 CHARLES WAY?

2 CHARLES WAY is 55m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% 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 CHARLES WAY lies on this distribution: 1% of detached houses houses are smaller than 2 CHARLES WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 CHARLES WAY: Plot and Title Map

2 CHARLES WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 2 CHARLES 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 2 CHARLES 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 2 CHARLES WAY?

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