44, THE FAIRWAY, OADBY, LEICESTER, LE2 2HJ - £480,000

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

44 THE FAIRWAY is a very large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £480,000 in July 2015, which was around 80% above the average July 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

44 THE FAIRWAY Sold Prices

Land registry data shows three sales for 44 THE FAIRWAY 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. All of the three 44 THE FAIRWAY 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
2015 10 JUL	£480,000	£266,070	80% above HPI
2011 21 DEC	£425,000	£241,890	76% above HPI
1997 26 JUN	£127,000	£91,815	38% above HPI

44 THE FAIRWAY 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 44 THE FAIRWAY sales between June 1997 and July 2015 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 2011 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2015 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 44 THE FAIRWAY?

44 THE FAIRWAY is 177m², which includes two extensions, according to the EPC inspection conducted in November 2011. 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 44 THE FAIRWAY lies on this distribution: 85% of detached houses are smaller than 44 THE FAIRWAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Oadby.

44 THE FAIRWAY: Plot and Title Map

44 THE FAIRWAY sits on a plot of roughly 0.213 of an acre, or 863m². The below map shows the location of 44 THE FAIRWAY, 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 44 THE FAIRWAY). 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 44 THE FAIRWAY?

44 THE FAIRWAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 44 on THE FAIRWAY.