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

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

20 RAINE WAY is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £391,902. It was last sold for £250,000 in June 2014, which was around 2% below the average June 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, 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. All of the four 20 RAINE WAY 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
2014 27 JUN	£250,000	£255,469	2% below HPI
2007 19 OCT	£249,500	£266,731	6% below HPI
1998 7 AUG	£100,000	£100,886	1% below HPI
1996 3 APR	£82,500	£86,648	5% 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 20 RAINE WAY be worth now?

20 RAINE WAY might now be worth an estimated £391,902.

This is based on house price inflation of 56.8%, between June 2014 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 56.8% inflationary increase is applied to the most recent sale price for 20 RAINE WAY of £250,000 on 27th June 2014. For the value to have increased from £250,000 to £391,902 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 20 RAINE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RAINE WAY has not materially changed since June 2014.

How Large is 20 RAINE WAY?

20 RAINE WAY is 91m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% 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 20 RAINE WAY lies on this distribution: 21% of detached houses houses are smaller than 20 RAINE WAY, and 79% 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.