27, PIPISTRELLE WAY, OADBY, LEICESTER, LE2 4QA - £261,000

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

27 PIPISTRELLE WAY is a very small detached house of 82m², which could now be worth an estimated £300,088. It was last sold for £261,000 in January 2019, which was around 25% below the average January 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

27 PIPISTRELLE WAY Sold Prices

Land registry data shows two sales for 27 PIPISTRELLE WAY 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 27 PIPISTRELLE WAY 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
2019 18 JAN	£261,000	£348,311	25% below HPI
2012 27 JAN	£195,000	£240,595	19% below HPI

27 PIPISTRELLE WAY 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 27 PIPISTRELLE WAY sales from January 2012 and January 2019 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 January 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 27 PIPISTRELLE WAY be worth now?

27 PIPISTRELLE WAY might now be worth an estimated £300,088.

This is based on house price inflation of 15%, between January 2019 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 15% inflationary increase is applied to the most recent sale price for 27 PIPISTRELLE WAY of £261,000 on 18th January 2019. For the value to have increased from £261,000 to £300,088 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 27 PIPISTRELLE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The January 2019 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PIPISTRELLE WAY has not materially changed since January 2019.

How Large is 27 PIPISTRELLE WAY?

27 PIPISTRELLE WAY is 82m² according to the EPC inspection conducted in June 2011. 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 27 PIPISTRELLE WAY lies on this distribution: 11% of detached houses houses are smaller than 27 PIPISTRELLE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Oadby.

27 PIPISTRELLE WAY: Plot and Title Map

27 PIPISTRELLE WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 27 PIPISTRELLE WAY, 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 PIPISTRELLE WAY). 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 PIPISTRELLE WAY?

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