22A, ROSEMEAD DRIVE, OADBY, LEICESTER, LE2 5SE - £165,000

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

22A ROSEMEAD DRIVE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £280,470. It was last sold for £165,000 in May 2013, which was around 30% below the average May 2013 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

22A ROSEMEAD DRIVE Sold Prices

Land registry data shows two sales for 22A ROSEMEAD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 22A ROSEMEAD 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
2013 23 MAY	£165,000	£235,599	30% below HPI
1998 21 SEP	£87,000	£100,787	14% below HPI

22A ROSEMEAD DRIVE 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 two 22A ROSEMEAD DRIVE sales from September 1998 and May 2013 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 September 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 22A ROSEMEAD DRIVE be worth now?

22A ROSEMEAD DRIVE might now be worth an estimated £280,470.

This is based on house price inflation of 70%, between May 2013 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 70% inflationary increase is applied to the most recent sale price for 22A ROSEMEAD DRIVE of £165,000 on 23rd May 2013. For the value to have increased from £165,000 to £280,470 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of 22A ROSEMEAD DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The May 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 22A ROSEMEAD DRIVE has not materially changed since May 2013.

How Large is 22A ROSEMEAD DRIVE?

22A ROSEMEAD DRIVE is 81m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% 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 22A ROSEMEAD DRIVE lies on this distribution: 10% of detached houses houses are smaller than 22A ROSEMEAD DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Oadby.

22A ROSEMEAD DRIVE: Plot and Title Map

22A ROSEMEAD DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 22A ROSEMEAD 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 22A ROSEMEAD 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 22A ROSEMEAD DRIVE?

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