28, THE OVAL, OADBY, LEICESTER, LE2 5JB - £700,000

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

28 THE OVAL is a very large extended detached house of 215m², built sometime between 1900 and 1929. It was last sold for £700,000 in September 2023, which was around 73% above the average September 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

28 THE OVAL Sold Prices

Land registry data shows two sales for 28 THE OVAL 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 THE OVAL 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
2023 13 SEP	£700,000	£405,523	73% above HPI
2005 7 JAN	£305,500	£235,584	30% above HPI

28 THE OVAL 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 THE OVAL sales from January 2005 and September 2023 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 2005 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2023 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 28 THE OVAL?

28 THE OVAL is 215m², which includes four extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 28 THE OVAL lies on this distribution: 97% of detached houses are smaller than 28 THE OVAL, and 3% of houses are larger. Note that EPC data is not available for all properties in Wigston.

28 THE OVAL: Plot and Title Map

28 THE OVAL sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 28 THE OVAL, 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 THE OVAL). 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 THE OVAL?

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