4, PRINCESS AVENUE, OADBY, LEICESTER, LE2 4SD - £215,000

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

4 PRINCESS AVENUE is a very small detached house of 68m², built sometime between 1900 and 1929. It was last sold for £215,000 in February 2007, which was around 13% below the average February 2007 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was B.

4 PRINCESS AVENUE Sold Prices

Land registry data shows two sales for 4 PRINCESS AVENUE 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 4 PRINCESS AVENUE 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
2007 15 FEB	£215,000	£247,628	13% below HPI
2002 18 OCT	£115,000	£173,045	34% below HPI

4 PRINCESS AVENUE 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 4 PRINCESS AVENUE sales from October 2002 and February 2007 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 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2007 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 PRINCESS AVENUE?

4 PRINCESS AVENUE is 68m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 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 4 PRINCESS AVENUE lies on this distribution: 4% of detached houses are smaller than 4 PRINCESS AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oadby.

4 PRINCESS AVENUE: Plot and Title Map

4 PRINCESS AVENUE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 4 PRINCESS AVENUE, 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 4 PRINCESS AVENUE). 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 4 PRINCESS AVENUE?

4 PRINCESS AVENUE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 4 on PRINCESS AVENUE.