3, BEECH ROAD, OADBY, LEICESTER, LE2 5QL - £117,000

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

3 BEECH ROAD is a very small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £117,000 in May 2001, which was around 11% below the average May 2001 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

3 BEECH ROAD Sold Prices

Land registry data shows three sales for 3 BEECH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 3 BEECH ROAD 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
2001 18 MAY	£117,000	£131,555	11% below HPI
2000 30 OCT	£122,000	£123,671	1% below HPI
2000 21 JAN	£87,000	£110,941	22% below HPI

3 BEECH ROAD 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 three 3 BEECH ROAD sales between January 2000 and May 2001 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2001 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 BEECH ROAD?

3 BEECH ROAD is 87m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 3 BEECH ROAD lies on this distribution: 16% of detached houses are smaller than 3 BEECH ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Oadby.

3 BEECH ROAD: Plot and Title Map

3 BEECH ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 BEECH ROAD, 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 3 BEECH ROAD). 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 3 BEECH ROAD?

3 BEECH ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 3 on BEECH ROAD.