47, PARK CRESCENT, OADBY, LEICESTER, LE2 5YJ - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

47 PARK CRESCENT is a very large extended detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £417,796. It was last sold for £250,000 in April 2011, which was around 2% above the average April 2011 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was B.

47 PARK CRESCENT Sold Prices

Land registry data shows three sales for 47 PARK CRESCENT 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. One of the three 47 PARK CRESCENT sales was for above the average price, whilst two 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
2011 27 APR	£250,000	£246,128	2% above HPI
2007 2 MAR	£165,000	£249,396	34% below HPI
2006 30 JUN	£154,000	£243,635	37% below HPI

47 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 three 47 PARK CRESCENT sales between June 2006 and April 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 March 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2011 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 47 PARK CRESCENT be worth now?

47 PARK CRESCENT might now be worth an estimated £417,796.

This is based on house price inflation of 67.1%, between April 2011 and February 2025, 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 67.1% inflationary increase is applied to the most recent sale price for 47 PARK CRESCENT of £250,000 on 27th April 2011. For the value to have increased from £250,000 to £417,796 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 47 PARK CRESCENT has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The April 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 47 PARK CRESCENT has not materially changed since April 2011.

How Large is 47 PARK CRESCENT?

47 PARK CRESCENT is 164m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% 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 47 PARK CRESCENT lies on this distribution: 80% of detached houses houses are smaller than 47 PARK CRESCENT, and 19% of houses are larger. Note that EPC data is not available for all properties in Oadby.

47 PARK CRESCENT: Plot and Title Map

47 PARK CRESCENT sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 47 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 47 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 47 PARK CRESCENT?

47 PARK CRESCENT is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 47 on PARK CRESCENT.