7, PRINCE DRIVE, OADBY, LEICESTER, LE2 4SB - £199,950

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 PRINCE DRIVE is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £199,950 in August 2004, which was around 12% below the average August 2004 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

7 PRINCE DRIVE Sold Prices

Land registry data shows two sales for 7 PRINCE DRIVE 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 PRINCE DRIVE 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
2004 27 AUG	£199,950	£227,090	12% below HPI
2001 11 MAY	£106,000	£131,555	19% below HPI

7 PRINCE DRIVE 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 PRINCE DRIVE sales from May 2001 and August 2004 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 May 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2004 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 PRINCE DRIVE?

7 PRINCE DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 PRINCE DRIVE lies on this distribution: 9% of detached houses are smaller than 7 PRINCE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 PRINCE DRIVE: Plot and Title Map

7 PRINCE DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 PRINCE DRIVE, 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 PRINCE DRIVE). 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 PRINCE DRIVE?

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