6, NEWPOOL BANK, OADBY, LEICESTER, LE2 4RX - £249,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 NEWPOOL BANK is a midsized detached house of 129m², built sometime between 1991 and 1995, which could now be worth an estimated £408,917. It was last sold for £249,950 in July 2011, which was around 2% above the average July 2011 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

6 NEWPOOL BANK Sold Prices

Land registry data shows two sales for 6 NEWPOOL BANK 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 6 NEWPOOL BANK 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
2011 28 JUL	£249,950	£244,790	2% above HPI
1995 27 JAN	£87,500	£84,651	3% above HPI

6 NEWPOOL BANK 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 6 NEWPOOL BANK sales from January 1995 and July 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 January 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 6 NEWPOOL BANK be worth now?

6 NEWPOOL BANK might now be worth an estimated £408,917.

This is based on house price inflation of 63.6%, between July 2011 and December 2024, 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 63.6% inflationary increase is applied to the most recent sale price for 6 NEWPOOL BANK of £249,950 on 28th July 2011. For the value to have increased from £249,950 to £408,917 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 6 NEWPOOL BANK has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The July 2011 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 6 NEWPOOL BANK has not materially changed since July 2011.

How Large is 6 NEWPOOL BANK?

6 NEWPOOL BANK is 129m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% 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 6 NEWPOOL BANK lies on this distribution: 58% of detached houses houses are smaller than 6 NEWPOOL BANK, and 42% of houses are larger. Note that EPC data is not available for all properties in Oadby.

6 NEWPOOL BANK: Plot and Title Map

6 NEWPOOL BANK sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 6 NEWPOOL BANK, 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 NEWPOOL BANK). 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 NEWPOOL BANK?

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