29, FROME AVENUE, OADBY, LEICESTER, LE2 4GB - £197,500

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

29 FROME AVENUE is a very small extended detached house of 56m², built sometime between 1967 and 1975. It was last sold for £197,500 in March 2020, which was around 44% below the average March 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

29 FROME AVENUE Sold Prices

Land registry data shows five sales for 29 FROME AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the five 29 FROME AVENUE 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
2020 26 MAR	£197,500	£351,385	44% below HPI
2017 27 OCT	£181,000	£319,063	43% below HPI
2007 3 APR	£172,000	£248,407	31% below HPI
2004 8 APR	£127,000	£215,621	41% below HPI
1998 1 MAY	£62,000	£97,516	36% below HPI

29 FROME AVENUE 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 five 29 FROME AVENUE sales between May 1998 and March 2020 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 October 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2020 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 29 FROME AVENUE?

29 FROME AVENUE is 56m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 29 FROME AVENUE lies on this distribution: 1% of detached houses are smaller than 29 FROME AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

29 FROME AVENUE: Plot and Title Map

29 FROME AVENUE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 29 FROME AVENUE, 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 29 FROME AVENUE). 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 29 FROME AVENUE?

29 FROME AVENUE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 29 on FROME AVENUE.