2, WRIGHT LANE, OADBY, LEICESTER, LE2 4TU - £375,000

2 WRIGHT LANE is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £375,000 in April 2017, which was around 24% above the average April 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 WRIGHT LANE Sold Prices

Land registry data shows two sales for 2 WRIGHT 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 WRIGHT LANE 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
2017 11 APR	£375,000	£301,963	24% above HPI
1998 2 OCT	£133,000	£100,165	33% above HPI

2 WRIGHT 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 WRIGHT LANE sales from October 1998 and April 2017 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 1998 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 WRIGHT LANE?

2 WRIGHT LANE is 122m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% 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 WRIGHT LANE lies on this distribution: 52% of detached houses are smaller than 2 WRIGHT LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Oadby.

2 WRIGHT LANE: Plot and Title Map

2 WRIGHT LANE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 2 WRIGHT 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 WRIGHT 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 WRIGHT LANE?

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