6, SOUTHMEADS CLOSE, LEICESTER, LE2 2LT - £890,000

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 SOUTHMEADS CLOSE is a very large extended detached house of 277m², built sometime between 1967 and 1975, which could now be worth an estimated £869,258. It was last sold for £890,000 in March 2023, which was around 111% above the average March 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

6 SOUTHMEADS CLOSE Sold Prices

Land registry data shows three sales for 6 SOUTHMEADS CLOSE 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 SOUTHMEADS CLOSE 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
2023 17 MAR	£890,000	£421,140	111% above HPI
2015 28 OCT	£500,000	£277,974	80% above HPI
2001 25 JAN	£230,000	£125,937	83% above HPI

6 SOUTHMEADS CLOSE 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 SOUTHMEADS CLOSE sales between January 2001 and March 2023 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 2015 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2023 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 6 SOUTHMEADS CLOSE be worth now?

6 SOUTHMEADS CLOSE might now be worth an estimated £869,258.

This is based on house price deflation of 2.3%, between March 2023 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 2.3% deflationary decrease is applied to the most recent sale price for 6 SOUTHMEADS CLOSE of £890,000 on 17th March 2023. For the value to have decreased from £890,000 to £869,258 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 6 SOUTHMEADS CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2023 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SOUTHMEADS CLOSE has not materially changed since March 2023.

How Large is 6 SOUTHMEADS CLOSE?

6 SOUTHMEADS CLOSE is 277m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% 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 SOUTHMEADS CLOSE lies on this distribution: 95% of detached houses houses are smaller than 6 SOUTHMEADS CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Oadby.

6 SOUTHMEADS CLOSE: Plot and Title Map

6 SOUTHMEADS CLOSE sits on a plot of roughly 0.297 of an acre, or 1,201m². The below map shows the location of 6 SOUTHMEADS CLOSE, 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 SOUTHMEADS CLOSE). 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 SOUTHMEADS CLOSE?

6 SOUTHMEADS CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 6 on SOUTHMEADS CLOSE.