7, COLNE CLOSE, OADBY, LEICESTER, LE2 4GA - £385,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 COLNE CLOSE is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £385,000 in March 2020, which was around 10% above the average March 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

7 COLNE CLOSE Sold Prices

Land registry data shows two sales for 7 COLNE 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. One of the two 7 COLNE CLOSE sales was for above the average price, whilst the other was 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
2020 16 MAR	£385,000	£351,385	10% above HPI
2017 24 NOV	£235,000	£323,527	27% below HPI

7 COLNE 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 COLNE CLOSE sales from November 2017 and March 2020 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 November 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 COLNE CLOSE?

7 COLNE CLOSE is 88m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% 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 COLNE CLOSE lies on this distribution: 17% of detached houses are smaller than 7 COLNE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 COLNE CLOSE: Plot and Title Map

7 COLNE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 COLNE 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 COLNE 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 COLNE CLOSE?

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