42, PARK CRESCENT, OADBY, LEICESTER, LE2 5YH - £300,000

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

42 PARK CRESCENT is a small extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £391,893. It was last sold for £300,000 in May 2017, which was around 2% below the average May 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

42 PARK CRESCENT Sold Prices

Land registry data shows two sales for 42 PARK CRESCENT 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 42 PARK CRESCENT 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
2017 12 MAY	£300,000	£306,570	2% below HPI
2014 12 DEC	£225,000	£267,321	16% below HPI

42 PARK CRESCENT 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 42 PARK CRESCENT sales from December 2014 and May 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 December 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 42 PARK CRESCENT be worth now?

42 PARK CRESCENT might now be worth an estimated £391,893.

This is based on house price inflation of 30.6%, between May 2017 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 30.6% inflationary increase is applied to the most recent sale price for 42 PARK CRESCENT of £300,000 on 12th May 2017. For the value to have increased from £300,000 to £391,893 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 42 PARK CRESCENT has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The May 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PARK CRESCENT has not materially changed since May 2017.

How Large is 42 PARK CRESCENT?

42 PARK CRESCENT is 103m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% 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 42 PARK CRESCENT lies on this distribution: 32% of detached houses houses are smaller than 42 PARK CRESCENT, and 67% of houses are larger. Note that EPC data is not available for all properties in Oadby.

42 PARK CRESCENT: Plot and Title Map

42 PARK CRESCENT sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 42 PARK CRESCENT, 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 42 PARK CRESCENT). 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 42 PARK CRESCENT?

42 PARK CRESCENT is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 42 on PARK CRESCENT.