5, RINGERS SPINNEY, OADBY, LEICESTER, LE2 2HB - £538,000

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

5 RINGERS SPINNEY is a very large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £538,000 in March 2016, which was around 90% above the average March 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

5 RINGERS SPINNEY Sold Prices

Land registry data shows two sales for 5 RINGERS SPINNEY 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 5 RINGERS SPINNEY 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
2016 11 MAR	£538,000	£282,588	90% above HPI
2004 23 APR	£277,500	£215,621	29% above HPI

5 RINGERS SPINNEY 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 5 RINGERS SPINNEY sales from April 2004 and March 2016 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 April 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2016 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is 5 RINGERS SPINNEY?

5 RINGERS SPINNEY is 171m², which includes two extensions, according to the EPC inspection conducted in March 2017. 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 5 RINGERS SPINNEY lies on this distribution: 83% of detached houses are smaller than 5 RINGERS SPINNEY, and 17% of houses are larger. Note that EPC data is not available for all properties in Oadby.

5 RINGERS SPINNEY: Plot and Title Map

5 RINGERS SPINNEY sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 5 RINGERS SPINNEY, 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 5 RINGERS SPINNEY). 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 5 RINGERS SPINNEY?

5 RINGERS SPINNEY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 5 on RINGERS SPINNEY.