21, HORNBEAM CLOSE, OADBY, LEICESTER, LE2 4EQ - £212,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 HORNBEAM CLOSE is a very small extended detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £264,589. It was last sold for £212,500 in May 2018, which was around 36% below the average May 2018 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

21 HORNBEAM CLOSE Sold Prices

Land registry data shows four sales for 21 HORNBEAM CLOSE 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 21 HORNBEAM CLOSE 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
2018 1 MAY	£212,500	£330,349	36% below HPI
2007 13 APR	£186,000	£251,331	26% below HPI
2003 21 NOV	£166,000	£216,298	23% below HPI
1999 26 NOV	£89,950	£109,899	18% below HPI

21 HORNBEAM CLOSE 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 21 HORNBEAM CLOSE sales between November 1999 and May 2018 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 April 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 21 HORNBEAM CLOSE be worth now?

21 HORNBEAM CLOSE might now be worth an estimated £264,589.

This is based on house price inflation of 24.5%, between May 2018 and February 2025, 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 24.5% inflationary increase is applied to the most recent sale price for 21 HORNBEAM CLOSE of £212,500 on 1st May 2018. For the value to have increased from £212,500 to £264,589 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 21 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The May 2018 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 21 HORNBEAM CLOSE has not materially changed since May 2018.

How Large is 21 HORNBEAM CLOSE?

21 HORNBEAM CLOSE is 74m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% 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 21 HORNBEAM CLOSE lies on this distribution: 6% of detached houses houses are smaller than 21 HORNBEAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Oadby.

21 HORNBEAM CLOSE: Plot and Title Map

21 HORNBEAM CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 21 HORNBEAM CLOSE, 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 21 HORNBEAM CLOSE). 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 21 HORNBEAM CLOSE?

21 HORNBEAM CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 21 on HORNBEAM CLOSE.