32, WHEATLAND CLOSE, OADBY, LEICESTER, LE2 4SY - £375,000

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

32 WHEATLAND CLOSE is a very small extended detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £376,199. It was last sold for £375,000 in July 2022, which was around 6% below the average July 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

32 WHEATLAND CLOSE Sold Prices

Land registry data shows two sales for 32 WHEATLAND CLOSE 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. One of the two 32 WHEATLAND CLOSE sales was for below the average price, whilst the other was 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
2022 28 JUL	£375,000	£399,199	6% below HPI
1997 26 SEP	£99,950	£99,385	1% above HPI

32 WHEATLAND CLOSE 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 32 WHEATLAND CLOSE sales from September 1997 and July 2022 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 32 WHEATLAND CLOSE be worth now?

32 WHEATLAND CLOSE might now be worth an estimated £376,199.

This is based on house price inflation of 0.3%, between July 2022 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 0.3% inflationary increase is applied to the most recent sale price for 32 WHEATLAND CLOSE of £375,000 on 28th July 2022. For the value to have increased from £375,000 to £376,199 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 32 WHEATLAND CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The July 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 32 WHEATLAND CLOSE has not materially changed since July 2022.

How Large is 32 WHEATLAND CLOSE?

32 WHEATLAND CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 32 WHEATLAND CLOSE lies on this distribution: 7% of detached houses houses are smaller than 32 WHEATLAND CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Oadby.

32 WHEATLAND CLOSE: Plot and Title Map

32 WHEATLAND CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 32 WHEATLAND CLOSE, 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 32 WHEATLAND CLOSE). 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 32 WHEATLAND CLOSE?

32 WHEATLAND CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 32 on WHEATLAND CLOSE.