7, BURTON CLOSE, OADBY, LEICESTER, LE2 4SQ - £134,000

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.

7 BURTON CLOSE is a very small semi-detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £219,090. It was last sold for £134,000 in November 2006, which was around 16% below the average November 2006 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

7 BURTON CLOSE Sold Prices

Land registry data shows two sales for 7 BURTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 7 BURTON CLOSE 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 6 NOV	£134,000	£159,708	16% below HPI
2004 5 APR	£110,000	£135,144	19% below HPI

7 BURTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 7 BURTON CLOSE sales from April 2004 and November 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 April 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2006 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 BURTON CLOSE be worth now?

7 BURTON CLOSE might now be worth an estimated £219,090.

This is based on house price inflation of 63.5%, between November 2006 and February 2025, for semi-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 63.5% inflationary increase is applied to the most recent sale price for 7 BURTON CLOSE of £134,000 on 6th November 2006. For the value to have increased from £134,000 to £219,090 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 BURTON CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The November 2006 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BURTON CLOSE has not materially changed since November 2006.

How Large is 7 BURTON CLOSE?

7 BURTON CLOSE is 69m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 7 BURTON CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 7 BURTON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 BURTON CLOSE: Plot and Title Map

7 BURTON CLOSE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 7 BURTON 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 7 BURTON 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 7 BURTON CLOSE?

7 BURTON CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 7 on BURTON CLOSE.