7, NEWBY GARDENS, OADBY, LEICESTER, LE2 4UG - £405,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 NEWBY GARDENS is a small detached house of 109m², built sometime between 1991 and 1995. It was last sold for £405,000 in November 2020, which was around 12% above the average November 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

7 NEWBY GARDENS Sold Prices

Land registry data shows three sales for 7 NEWBY GARDENS 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. Two of the three 7 NEWBY GARDENS sales were for above the average price, whilst one 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 20 NOV	£405,000	£360,022	12% above HPI
2018 16 NOV	£325,500	£344,982	6% below HPI
1999 27 AUG	£107,500	£105,349	2% above HPI

7 NEWBY GARDENS 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 7 NEWBY GARDENS sales between August 1999 and November 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 7 NEWBY GARDENS?

7 NEWBY GARDENS is 109m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% 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 NEWBY GARDENS lies on this distribution: 39% of detached houses are smaller than 7 NEWBY GARDENS, and 61% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 NEWBY GARDENS: Plot and Title Map

7 NEWBY GARDENS sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 7 NEWBY GARDENS, 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 NEWBY GARDENS). 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 NEWBY GARDENS?

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