22, LOWCROFT DRIVE, OADBY, LEICESTER, LE2 5UD - £179,000

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

22 LOWCROFT DRIVE is a very small extended semi-detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £240,672. It was last sold for £179,000 in March 2017, which was around 6% below the average March 2017 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

22 LOWCROFT DRIVE Sold Prices

Land registry data shows two sales for 22 LOWCROFT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 22 LOWCROFT DRIVE 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
2017 24 MAR	£179,000	£189,530	6% below HPI
2014 23 MAY	£133,000	£159,183	16% below HPI

22 LOWCROFT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 22 LOWCROFT DRIVE sales from May 2014 and March 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 May 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 22 LOWCROFT DRIVE be worth now?

22 LOWCROFT DRIVE might now be worth an estimated £240,672.

This is based on house price inflation of 34.5%, between March 2017 and December 2024, for semi-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 34.5% inflationary increase is applied to the most recent sale price for 22 LOWCROFT DRIVE of £179,000 on 24th March 2017. For the value to have increased from £179,000 to £240,672 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 22 LOWCROFT DRIVE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The March 2017 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 22 LOWCROFT DRIVE has not materially changed since March 2017.

How Large is 22 LOWCROFT DRIVE?

22 LOWCROFT DRIVE is 60m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 22 LOWCROFT DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 22 LOWCROFT DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Oadby.

22 LOWCROFT DRIVE: Plot and Title Map

22 LOWCROFT DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 22 LOWCROFT DRIVE, 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 22 LOWCROFT DRIVE). 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 22 LOWCROFT DRIVE?

22 LOWCROFT DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 22 on LOWCROFT DRIVE.