22, WHEATLAND CLOSE, OADBY, LEICESTER, LE2 4SY - £210,000

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.

22 WHEATLAND CLOSE is a very small semi-detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £247,494. It was last sold for £210,000 in September 2020, which was around 5% below the average September 2020 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

22 WHEATLAND CLOSE Sold Prices

Land registry data shows three sales for 22 WHEATLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. One of the three 22 WHEATLAND CLOSE sales was for below the average price, whilst two 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
2020 1 SEP	£210,000	£221,564	5% below HPI
2005 29 JUL	£158,000	£153,104	3% above HPI
1997 8 APR	£66,250	£52,423	26% above HPI

22 WHEATLAND CLOSE 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 three 22 WHEATLAND CLOSE sales between April 1997 and September 2020 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 July 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 22 WHEATLAND CLOSE be worth now?

22 WHEATLAND CLOSE might now be worth an estimated £247,494.

This is based on house price inflation of 17.9%, between September 2020 and February 2025, 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 17.9% inflationary increase is applied to the most recent sale price for 22 WHEATLAND CLOSE of £210,000 on 1st September 2020. For the value to have increased from £210,000 to £247,494 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 22 WHEATLAND CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The September 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 22 WHEATLAND CLOSE has not materially changed since September 2020.

How Large is 22 WHEATLAND CLOSE?

22 WHEATLAND CLOSE is 64m² according to the EPC inspection conducted in February 2020. 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 WHEATLAND CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 22 WHEATLAND CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Oadby.

22 WHEATLAND CLOSE: Plot and Title Map

22 WHEATLAND CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 22 WHEATLAND 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 22 WHEATLAND 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 22 WHEATLAND CLOSE?

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