6, THE BROADWAY, OADBY, LEICESTER, LE2 2HD - £985,000

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 THE BROADWAY is a very large detached house of 327m², built sometime between 1930 and 1949, which could now be worth an estimated £1,585,927. It was last sold for £985,000 in June 2014, which was around 286% above the average June 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2011, where the current energy rating was F, and the potential energy rating was D.

6 THE BROADWAY Sold Prices

Land registry data shows two sales for 6 THE BROADWAY 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 THE BROADWAY 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
2014 23 JUN	£985,000	£255,469	286% above HPI
2011 9 SEP	£950,000	£247,346	284% above HPI

6 THE BROADWAY 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 THE BROADWAY sales from September 2011 and June 2014 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 September 2011 sale was for 284% above the HPI. So the extrapolation line tracks at 284% above the HPI over time, until the June 2014 sale, where it rises to 286% above the HPI. The line then continues to track at 286% above the HPI.

What might 6 THE BROADWAY be worth now?

6 THE BROADWAY might now be worth an estimated £1,585,927.

This is based on house price inflation of 61%, between June 2014 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 61% inflationary increase is applied to the most recent sale price for 6 THE BROADWAY of £985,000 on 23rd June 2014. For the value to have increased from £985,000 to £1,585,927 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 6 THE BROADWAY has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 2014 sale price of £985,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE BROADWAY has not materially changed since June 2014.

How Large is 6 THE BROADWAY?

6 THE BROADWAY is 327m² according to the EPC inspection conducted in January 2011. 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 THE BROADWAY lies on this distribution: 97% of detached houses houses are smaller than 6 THE BROADWAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Oadby.

6 THE BROADWAY: Plot and Title Map

6 THE BROADWAY sits on a plot of roughly 0.409 of an acre, or 1,655m². The below map shows the location of 6 THE BROADWAY, 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 THE BROADWAY). 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 THE BROADWAY?

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