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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 RICHMOND WAY is a small extended detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £342,941. It was last sold for £200,000 in March 2006, which was around 17% 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	£239,881	17% below HPI
2000 29 FEB	£92,000	£113,227	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2006 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 6 RICHMOND WAY be worth now?

6 RICHMOND WAY might now be worth an estimated £342,941.

This is based on house price inflation of 71.5%, between March 2006 and February 2025, 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 71.5% inflationary increase is applied to the most recent sale price for 6 RICHMOND WAY of £200,000 on 17th March 2006. For the value to have increased from £200,000 to £342,941 over the nineteen years and one month to February 2025, the following assumptions must hold true:

• The value of 6 RICHMOND WAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2006 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RICHMOND WAY has not materially changed since March 2006.

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 houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 6 RICHMOND WAY lies on this distribution: 39% of detached houses 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 0.066 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.