6, CHARLES WAY, OADBY, LEICESTER, LE2 4RB - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 CHARLES WAY is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £225,000 in April 2015, which was around 15% below the average April 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

6 CHARLES WAY Sold Prices

Land registry data shows three sales for 6 CHARLES 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 6 CHARLES 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
2015 24 APR	£225,000	£265,498	15% below HPI
2007 15 OCT	£225,000	£263,628	15% below HPI
1996 1 MAR	£65,000	£85,435	24% below HPI

6 CHARLES 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 6 CHARLES WAY sales between March 1996 and April 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 October 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2015 sale, which was also at 15% below the HPI.

How Large is 6 CHARLES WAY?

6 CHARLES WAY is 83m² according to the EPC inspection conducted in August 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 6 CHARLES WAY lies on this distribution: 12% of detached houses are smaller than 6 CHARLES WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Oadby.

6 CHARLES WAY: Plot and Title Map

6 CHARLES WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 6 CHARLES 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 6 CHARLES 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 6 CHARLES WAY?

6 CHARLES WAY is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 6 on CHARLES WAY.