50, ELIZABETH DRIVE, OADBY, LEICESTER, LE2 4RE - £171,000

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

50 ELIZABETH DRIVE is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £171,000 in September 2015, which was around 36% below the average September 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

50 ELIZABETH DRIVE Sold Prices

Land registry data shows two sales for 50 ELIZABETH DRIVE 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 50 ELIZABETH DRIVE 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
2015 18 SEP	£171,000	£268,816	36% below HPI
2005 22 SEP	£177,000	£237,597	26% below HPI

50 ELIZABETH DRIVE 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 50 ELIZABETH DRIVE sales from September 2005 and September 2015 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 September 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 50 ELIZABETH DRIVE?

50 ELIZABETH DRIVE is 87m² according to the EPC inspection conducted in January 2024. 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 50 ELIZABETH DRIVE lies on this distribution: 16% of detached houses are smaller than 50 ELIZABETH DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Oadby.

50 ELIZABETH DRIVE: Plot and Title Map

50 ELIZABETH DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 50 ELIZABETH DRIVE, 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 50 ELIZABETH DRIVE). 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 50 ELIZABETH DRIVE?

50 ELIZABETH DRIVE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 50 on ELIZABETH DRIVE.