27, HORNBEAM CLOSE, OADBY, LEICESTER, LE2 4EQ - £265,000

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.

27 HORNBEAM CLOSE is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £441,805. It was last sold for £265,000 in November 2012, which was around 7% above the average November 2012 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

27 HORNBEAM CLOSE Sold Prices

Land registry data shows four sales for 27 HORNBEAM CLOSE 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 27 HORNBEAM CLOSE sales 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
2012 28 NOV	£265,000	£246,718	7% above HPI
2009 16 SEP	£235,000	£223,741	5% above HPI
2001 30 MAY	£168,500	£133,103	27% above HPI
1999 22 OCT	£140,000	£108,454	29% above HPI

27 HORNBEAM CLOSE 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 27 HORNBEAM CLOSE sales between October 1999 and November 2012 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 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2012 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 27 HORNBEAM CLOSE be worth now?

27 HORNBEAM CLOSE might now be worth an estimated £441,805.

This is based on house price inflation of 66.7%, between November 2012 and February 2025, 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 66.7% inflationary increase is applied to the most recent sale price for 27 HORNBEAM CLOSE of £265,000 on 28th November 2012. For the value to have increased from £265,000 to £441,805 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 27 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The November 2012 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 27 HORNBEAM CLOSE has not materially changed since November 2012.

How Large is 27 HORNBEAM CLOSE?

27 HORNBEAM CLOSE is 92m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% 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 27 HORNBEAM CLOSE lies on this distribution: 22% of detached houses houses are smaller than 27 HORNBEAM CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Oadby.

27 HORNBEAM CLOSE: Plot and Title Map

27 HORNBEAM CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 27 HORNBEAM 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 27 HORNBEAM 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 27 HORNBEAM CLOSE?

27 HORNBEAM CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 27 on HORNBEAM CLOSE.