28, ELIZABETH DRIVE, OADBY, LEICESTER, LE2 4RD - £260,000

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

28 ELIZABETH DRIVE is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £260,000 in April 2021, which was around 28% below the average April 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

28 ELIZABETH DRIVE Sold Prices

Land registry data shows two sales for 28 ELIZABETH 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 28 ELIZABETH 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
2021 23 APR	£260,000	£359,936	28% below HPI
1998 11 MAR	£85,950	£98,635	13% below HPI

28 ELIZABETH 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 28 ELIZABETH DRIVE sales from March 1998 and April 2021 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 28 ELIZABETH DRIVE?

28 ELIZABETH DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 28 ELIZABETH DRIVE lies on this distribution: 33% of detached houses are smaller than 28 ELIZABETH DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Oadby.

28 ELIZABETH DRIVE: Plot and Title Map

28 ELIZABETH DRIVE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 28 ELIZABETH 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 28 ELIZABETH 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 28 ELIZABETH DRIVE?

28 ELIZABETH DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 28 on ELIZABETH DRIVE.