46, PIPISTRELLE WAY, OADBY, LEICESTER, LE2 4QA - £283,500

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

46 PIPISTRELLE WAY is a very small detached house of 65m², built sometime between 2003 and 2006, which could now be worth an estimated £302,468. It was last sold for £283,500 in September 2021, which was around 24% below the average September 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

46 PIPISTRELLE WAY Sold Prices

Land registry data shows three sales for 46 PIPISTRELLE WAY 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 46 PIPISTRELLE WAY 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
2021 17 SEP	£283,500	£375,361	24% below HPI
2010 1 MAR	£182,000	£237,308	23% below HPI
2004 2 DEC	£166,950	£232,556	28% below HPI

46 PIPISTRELLE WAY 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 46 PIPISTRELLE WAY sales between December 2004 and September 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 March 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 46 PIPISTRELLE WAY be worth now?

46 PIPISTRELLE WAY might now be worth an estimated £302,468.

This is based on house price inflation of 6.7%, between September 2021 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 6.7% inflationary increase is applied to the most recent sale price for 46 PIPISTRELLE WAY of £283,500 on 17th September 2021. For the value to have increased from £283,500 to £302,468 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 46 PIPISTRELLE WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The September 2021 sale price of £283,500 represented a fair market value for the property.
• The size, condition, and specification of 46 PIPISTRELLE WAY has not materially changed since September 2021.

How Large is 46 PIPISTRELLE WAY?

46 PIPISTRELLE WAY is 65m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% 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 46 PIPISTRELLE WAY lies on this distribution: 3% of detached houses houses are smaller than 46 PIPISTRELLE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Oadby.

46 PIPISTRELLE WAY: Plot and Title Map

46 PIPISTRELLE WAY sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 46 PIPISTRELLE WAY, 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 46 PIPISTRELLE WAY). 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 46 PIPISTRELLE WAY?

46 PIPISTRELLE WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 46 on PIPISTRELLE WAY.