5, SOUTHMEADS CLOSE, LEICESTER, LE2 2LT - £600,000

5 SOUTHMEADS CLOSE is a large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £600,000 in April 2021, which was around 67% above the average April 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 SOUTHMEADS CLOSE Sold Prices

Land registry data shows two sales for 5 SOUTHMEADS CLOSE 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 SOUTHMEADS CLOSE 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
2021 1 APR	£600,000	£359,936	67% above HPI
2000 3 MAR	£210,000	£114,690	83% above HPI

5 SOUTHMEADS CLOSE 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 SOUTHMEADS CLOSE sales from March 2000 and April 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 2000 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the April 2021 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 5 SOUTHMEADS CLOSE?

5 SOUTHMEADS CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 SOUTHMEADS CLOSE lies on this distribution: 77% of detached houses are smaller than 5 SOUTHMEADS CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Oadby.

5 SOUTHMEADS CLOSE: Plot and Title Map

5 SOUTHMEADS CLOSE sits on a plot of roughly 0.269 of an acre, or 1,087m². The below map shows the location of 5 SOUTHMEADS CLOSE, 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 SOUTHMEADS CLOSE). 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 SOUTHMEADS CLOSE?

5 SOUTHMEADS CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 5 on SOUTHMEADS CLOSE.