2, LAWYERS LANE, OADBY, LEICESTER, LE2 5QN - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LAWYERS LANE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £265,000 in June 2019, which was around 21% below the average June 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

2 LAWYERS LANE Sold Prices

Land registry data shows two sales for 2 LAWYERS LANE 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 LAWYERS LANE 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
2019 20 JUN	£265,000	£337,527	21% below HPI
1996 17 JUN	£63,500	£83,855	24% below HPI

2 LAWYERS LANE 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 LAWYERS LANE sales from June 1996 and June 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 June 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 LAWYERS LANE?

2 LAWYERS LANE is 72m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 2 LAWYERS LANE lies on this distribution: 5% of detached houses are smaller than 2 LAWYERS LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 LAWYERS LANE: Plot and Title Map

2 LAWYERS LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 LAWYERS LANE, 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 LAWYERS LANE). 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 LAWYERS LANE?

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