42, ROSEMEAD DRIVE, OADBY, LEICESTER, LE2 5SF - £275,000

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

42 ROSEMEAD DRIVE is a very large detached house of 183m², built sometime between 2003 and 2006. It was last sold for £275,000 in February 2011, which was around 11% above the average February 2011 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

42 ROSEMEAD DRIVE Sold Prices

Land registry data shows two sales for 42 ROSEMEAD DRIVE 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 ROSEMEAD DRIVE 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
2011 11 FEB	£275,000	£248,154	11% above HPI
2005 3 JUN	£315,000	£233,129	35% above HPI

42 ROSEMEAD DRIVE 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 ROSEMEAD DRIVE sales from June 2005 and February 2011 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 June 2005 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2011 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 42 ROSEMEAD DRIVE?

42 ROSEMEAD DRIVE is 183m² according to the EPC inspection conducted in April 2010. 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 42 ROSEMEAD DRIVE lies on this distribution: 86% of detached houses are smaller than 42 ROSEMEAD DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Oadby.

42 ROSEMEAD DRIVE: Plot and Title Map

42 ROSEMEAD DRIVE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 42 ROSEMEAD DRIVE, 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 ROSEMEAD DRIVE). 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 ROSEMEAD DRIVE?

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