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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 BURTON CLOSE is a very small semi-detached house of 69m², built sometime between 1930 and 1949. It was last sold for £134,000 in November 2006, which was around 46% below the average November 2006 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 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	£248,735	46% below HPI
2004 5 APR	£110,000	£215,621	49% below HPI

7 BURTON 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 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 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2006 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

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 detached houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 7 BURTON CLOSE lies on this distribution: 4% of detached 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.