25, OXTED RISE, OADBY, LEICESTER, LE2 5WG - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 OXTED RISE is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £290,000 in February 2022, which was around 25% below the average February 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

25 OXTED RISE Sold Prices

Land registry data shows four sales for 25 OXTED RISE 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 25 OXTED RISE 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
2022 28 FEB	£290,000	£388,871	25% below HPI
2018 21 MAR	£256,500	£323,998	21% below HPI
2001 4 MAY	£119,950	£131,555	9% below HPI
2000 28 JUL	£81,000	£121,416	33% below HPI

25 OXTED RISE 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 25 OXTED RISE sales between July 2000 and February 2022 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 March 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 25 OXTED RISE?

25 OXTED RISE is 80m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 25 OXTED RISE lies on this distribution: 9% of detached houses are smaller than 25 OXTED RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Oadby.

25 OXTED RISE: Plot and Title Map

25 OXTED RISE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 25 OXTED RISE, 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 25 OXTED RISE). 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 25 OXTED RISE?

25 OXTED RISE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 25 on OXTED RISE.