7, PARK CRESCENT, OADBY, LEICESTER, LE2 5YJ - £317,000

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 PARK CRESCENT is a very large extended detached house of 180m², built sometime between 1930 and 1949. It was last sold for £317,000 in May 2014, which was around 26% above the average May 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

7 PARK CRESCENT Sold Prices

Land registry data shows three sales for 7 PARK CRESCENT 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. All of the three 7 PARK CRESCENT 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 6 MAY	£317,000	£251,966	26% above HPI
2011 1 JUL	£305,000	£241,942	26% above HPI
1999 30 JUL	£132,950	£104,280	27% above HPI

7 PARK CRESCENT 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 PARK CRESCENT sales between July 1999 and May 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 July 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2014 sale, which was also at 26% above the HPI.

How Large is 7 PARK CRESCENT?

7 PARK CRESCENT is 180m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 PARK CRESCENT lies on this distribution: 85% of detached houses are smaller than 7 PARK CRESCENT, and 14% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 PARK CRESCENT: Plot and Title Map

7 PARK CRESCENT sits on a plot of roughly 0.197 of an acre, or 795m². The below map shows the location of 7 PARK CRESCENT, 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 PARK CRESCENT). 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 PARK CRESCENT?

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