3, THE BROADWAY, OADBY, LEICESTER, LE2 2HD - £500,000

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

3 THE BROADWAY is a very large extended detached house of 224m², built sometime between 1950 and 1966. It was last sold for £500,000 in January 2009, which was around 123% above the average January 2009 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2008, where the current energy rating was G, and the potential energy rating was E.

3 THE BROADWAY Sold Prices

Land registry data shows two sales for 3 THE BROADWAY 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 THE BROADWAY 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
2009 9 JAN	£500,000	£224,163	123% above HPI
2006 31 MAY	£450,000	£235,099	91% above HPI

3 THE BROADWAY 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 THE BROADWAY sales from May 2006 and January 2009 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 May 2006 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the January 2009 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is 3 THE BROADWAY?

3 THE BROADWAY is 224m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the largest 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 3 THE BROADWAY lies on this distribution: 93% of detached houses are smaller than 3 THE BROADWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Oadby.

3 THE BROADWAY: Plot and Title Map

3 THE BROADWAY sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of 3 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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