6, RICHMOND WAY, OADBY, LEICESTER, LE2 5TR - £200,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

6 RICHMOND WAY is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £200,000 in March 2006, which was around 16% below the average March 2006 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

6 RICHMOND WAY Sold Prices

Land registry data shows two sales for 6 RICHMOND WAY 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 RICHMOND 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
2006 17 MAR	£200,000	£237,091	16% below HPI
2000 29 FEB	£92,000	£111,910	18% below HPI

6 RICHMOND 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 two 6 RICHMOND WAY sales from February 2000 and March 2006 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 February 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2006 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 6 RICHMOND WAY?

6 RICHMOND WAY is 109m², which includes two extensions, according to the EPC inspection conducted in December 2024. This puts it in the smallest 40% 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 RICHMOND WAY lies on this distribution: 39% of detached houses are smaller than 6 RICHMOND WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Oadby.

6 RICHMOND WAY: Plot and Title Map

6 RICHMOND WAY sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 6 RICHMOND 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 RICHMOND 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 RICHMOND WAY?

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