2, THE PASTURES, OADBY, LEICESTER, LE2 4QD - £450,000

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 THE PASTURES is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £436,977. It was last sold for £450,000 in June 2023, which was around 9% above the average June 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

2 THE PASTURES Sold Prices

Land registry data shows three sales for 2 THE PASTURES 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. All of the three 2 THE PASTURES 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
2023 6 JUN	£450,000	£412,410	9% above HPI
2007 19 JAN	£262,000	£250,114	5% above HPI
2002 26 JUN	£222,995	£157,356	42% above HPI

2 THE PASTURES 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 THE PASTURES sales between June 2002 and June 2023 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 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 THE PASTURES be worth now?

2 THE PASTURES might now be worth an estimated £436,977.

This is based on house price deflation of 2.9%, between June 2023 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 2.9% deflationary decrease is applied to the most recent sale price for 2 THE PASTURES of £450,000 on 6th June 2023. For the value to have decreased from £450,000 to £436,977 over the six months to December 2024, the following assumptions must hold true:

• The value of 2 THE PASTURES has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PASTURES has not materially changed since June 2023.

How Large is 2 THE PASTURES?

2 THE PASTURES is 123m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 THE PASTURES lies on this distribution: 53% of detached houses houses are smaller than 2 THE PASTURES, and 46% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 THE PASTURES: Plot and Title Map

2 THE PASTURES sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

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