45, LAUNDE ROAD, OADBY, LEICESTER, LE2 4HH - £380,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 LAUNDE ROAD is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £380,000 in August 2021, which was around 4% above the average August 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

45 LAUNDE ROAD Sold Prices

Land registry data shows two sales for 45 LAUNDE ROAD 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. One of the two 45 LAUNDE ROAD sales was for above the average price, whilst the other 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
2021 27 AUG	£380,000	£366,931	4% above HPI
2011 25 FEB	£170,000	£248,154	31% below HPI

45 LAUNDE ROAD 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 45 LAUNDE ROAD sales from February 2011 and August 2021 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 February 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 45 LAUNDE ROAD?

45 LAUNDE ROAD is 84m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 45 LAUNDE ROAD lies on this distribution: 13% of detached houses are smaller than 45 LAUNDE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Oadby.

45 LAUNDE ROAD: Plot and Title Map

45 LAUNDE ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 45 LAUNDE ROAD, 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 45 LAUNDE ROAD). 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 45 LAUNDE ROAD?

45 LAUNDE ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 45 on LAUNDE ROAD.