2, GRANVILLE AVENUE, OADBY, LEICESTER, LE2 5FJ - £420,000

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.

2 GRANVILLE AVENUE is a large extended detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £465,255. It was last sold for £420,000 in December 2020, which was around 13% above the average December 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

2 GRANVILLE AVENUE Sold Prices

Land registry data shows two sales for 2 GRANVILLE AVENUE 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. One of the two 2 GRANVILLE AVENUE sales was for above the average price, whilst the other 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
2020 10 DEC	£420,000	£371,316	13% above HPI
2011 14 JUN	£160,000	£240,822	34% below HPI

2 GRANVILLE 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 two 2 GRANVILLE AVENUE sales from June 2011 and December 2020 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 June 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 GRANVILLE AVENUE be worth now?

2 GRANVILLE AVENUE might now be worth an estimated £465,255.

This is based on house price inflation of 10.8%, between December 2020 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 10.8% inflationary increase is applied to the most recent sale price for 2 GRANVILLE AVENUE of £420,000 on 10th December 2020. For the value to have increased from £420,000 to £465,255 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 GRANVILLE AVENUE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The December 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANVILLE AVENUE has not materially changed since December 2020.

How Large is 2 GRANVILLE AVENUE?

2 GRANVILLE AVENUE is 137m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 2 GRANVILLE AVENUE lies on this distribution: 65% of detached houses houses are smaller than 2 GRANVILLE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 GRANVILLE AVENUE: Plot and Title Map

2 GRANVILLE AVENUE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 2 GRANVILLE 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 GRANVILLE 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 GRANVILLE AVENUE?

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