23, GORSE LANE, OADBY, LEICESTER, LE2 4RR - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 GORSE LANE is a midsized extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £275,000 in May 2016, which was around 4% below the average May 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

23 GORSE LANE Sold Prices

Land registry data shows two sales for 23 GORSE LANE 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 23 GORSE LANE 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
2016 20 MAY	£275,000	£286,375	4% below HPI
2008 18 APR	£245,000	£249,494	2% below HPI

23 GORSE LANE 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 23 GORSE LANE sales from April 2008 and May 2016 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 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2016 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 23 GORSE LANE?

23 GORSE LANE is 123m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 50% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 23 GORSE LANE lies on this distribution: 53% of detached houses are smaller than 23 GORSE LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Oadby.

23 GORSE LANE: Plot and Title Map

23 GORSE LANE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 23 GORSE LANE, 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 23 GORSE LANE). 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 23 GORSE LANE?

23 GORSE LANE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 23 on GORSE LANE.