3, DEVONIA ROAD, OADBY, LEICESTER, LE2 4UJ - £94,000

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

3 DEVONIA ROAD is a very small detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £362,020. It was last sold for £94,000 in June 1999, which was around 10% below the average June 1999 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

3 DEVONIA ROAD Sold Prices

Land registry data shows two sales for 3 DEVONIA ROAD 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 3 DEVONIA 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
1999 18 JUN	£94,000	£103,985	10% below HPI
1997 5 SEP	£75,500	£99,385	24% below HPI

3 DEVONIA 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 two 3 DEVONIA ROAD sales from September 1997 and June 1999 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 September 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 1999 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 3 DEVONIA ROAD be worth now?

3 DEVONIA ROAD might now be worth an estimated £362,020.

This is based on house price inflation of 285.1%, between June 1999 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 285.1% inflationary increase is applied to the most recent sale price for 3 DEVONIA ROAD of £94,000 on 18th June 1999. For the value to have increased from £94,000 to £362,020 over the 24 years and six months to December 2024, the following assumptions must hold true:

• The value of 3 DEVONIA ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 1999 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DEVONIA ROAD has not materially changed since June 1999.

How Large is 3 DEVONIA ROAD?

3 DEVONIA ROAD is 87m² according to the EPC inspection conducted in October 2019. 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 3 DEVONIA ROAD lies on this distribution: 16% of detached houses houses are smaller than 3 DEVONIA ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Oadby.

3 DEVONIA ROAD: Plot and Title Map

3 DEVONIA ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 3 DEVONIA 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 DEVONIA 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 DEVONIA ROAD?

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