2, HIDCOTE ROAD, OADBY, LEICESTER, LE2 5PE - £315,000

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 HIDCOTE ROAD is a midsized extended semi-detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £380,794. It was last sold for £315,000 in November 2018, which was around 46% above the average November 2018 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

2 HIDCOTE ROAD Sold Prices

Land registry data shows two sales for 2 HIDCOTE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 2 HIDCOTE ROAD 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
2018 16 NOV	£315,000	£216,006	46% above HPI
1999 11 OCT	£80,000	£62,884	27% above HPI

2 HIDCOTE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 2 HIDCOTE ROAD sales from October 1999 and November 2018 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 1999 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 2 HIDCOTE ROAD be worth now?

2 HIDCOTE ROAD might now be worth an estimated £380,794.

This is based on house price inflation of 20.9%, between November 2018 and February 2025, for semi-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 20.9% inflationary increase is applied to the most recent sale price for 2 HIDCOTE ROAD of £315,000 on 16th November 2018. For the value to have increased from £315,000 to £380,794 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 HIDCOTE ROAD has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The November 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIDCOTE ROAD has not materially changed since November 2018.

How Large is 2 HIDCOTE ROAD?

2 HIDCOTE ROAD is 127m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 2 HIDCOTE ROAD lies on this distribution: 57% of semi-detached houses houses are smaller than 2 HIDCOTE ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 HIDCOTE ROAD: Plot and Title Map

2 HIDCOTE ROAD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 HIDCOTE ROAD, 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 HIDCOTE ROAD). 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 HIDCOTE ROAD?

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