20, RAINE WAY, OADBY, LEICESTER, LE2 4UB - £250,000

20 RAINE WAY is a small detached house of 105m², built sometime between 1991 and 1995. It was last sold for £250,000 in June 2014, which was around 1% below the average June 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

20 RAINE WAY Sold Prices

Land registry data shows four sales for 20 RAINE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. The four 20 RAINE WAY sales were a mix of below the average price, and roughly equal to 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
2014 27 JUN	£250,000	£252,497	1% below HPI
2007 19 OCT	£249,500	£263,628	5% below HPI
1998 7 AUG	£100,000	£99,712	Close to HPI
1996 3 APR	£82,500	£85,640	4% below HPI

20 RAINE WAY 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 four 20 RAINE WAY sales between April 1996 and June 2014 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 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 20 RAINE WAY?

20 RAINE WAY is 105m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 20 RAINE WAY lies on this distribution: 34% of detached houses are smaller than 20 RAINE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Oadby.

20 RAINE WAY: Plot and Title Map

20 RAINE WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 20 RAINE WAY, 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 20 RAINE WAY). 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 20 RAINE WAY?

20 RAINE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 20 on RAINE WAY.