38, COPSE CLOSE, OADBY, LEICESTER, LE2 4FB - £385,000

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

38 COPSE CLOSE is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £385,000 in July 2017, which was around 26% above the average July 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

38 COPSE CLOSE Sold Prices

Land registry data shows three sales for 38 COPSE CLOSE 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. Two of the three 38 COPSE CLOSE sales were for above the average price, whilst one was 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
2017 18 JUL	£385,000	£305,168	26% above HPI
2003 10 OCT	£180,000	£213,103	16% below HPI
2001 14 SEP	£150,411	£142,811	5% above HPI

38 COPSE 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 three 38 COPSE CLOSE sales between September 2001 and July 2017 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 38 COPSE CLOSE?

38 COPSE CLOSE is 176m², which includes three extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 38 COPSE CLOSE lies on this distribution: 84% of detached houses are smaller than 38 COPSE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Oadby.

38 COPSE CLOSE: Plot and Title Map

38 COPSE CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 38 COPSE 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 38 COPSE 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 38 COPSE CLOSE?

38 COPSE CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 38 on COPSE CLOSE.