7, SOUTHFIELDS AVENUE, OADBY, LEICESTER, LE2 5GL - £149,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 SOUTHFIELDS AVENUE is a large extended detached house of 136m², built sometime between 1930 and 1949, which could now be worth an estimated £331,361. It was last sold for £149,950 in November 2002, which was around 17% below the average November 2002 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was C.

7 SOUTHFIELDS AVENUE Sold Prices

Land registry data shows two sales for 7 SOUTHFIELDS AVENUE 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 SOUTHFIELDS AVENUE 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
2002 27 NOV	£149,950	£181,226	17% below HPI
1996 27 SEP	£51,000	£84,783	40% below HPI

7 SOUTHFIELDS AVENUE 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 SOUTHFIELDS AVENUE sales from September 1996 and November 2002 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 September 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2002 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 SOUTHFIELDS AVENUE be worth now?

7 SOUTHFIELDS AVENUE might now be worth an estimated £331,361.

This is based on house price inflation of 121%, between November 2002 and December 2024, for detached houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 121% inflationary increase is applied to the most recent sale price for 7 SOUTHFIELDS AVENUE of £149,950 on 27th November 2002. For the value to have increased from £149,950 to £331,361 over the 21 years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 SOUTHFIELDS AVENUE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The November 2002 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 7 SOUTHFIELDS AVENUE has not materially changed since November 2002.

How Large is 7 SOUTHFIELDS AVENUE?

7 SOUTHFIELDS AVENUE is 136m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 7 SOUTHFIELDS AVENUE lies on this distribution: 64% of detached houses houses are smaller than 7 SOUTHFIELDS AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Oadby.

7 SOUTHFIELDS AVENUE: Plot and Title Map

7 SOUTHFIELDS AVENUE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 7 SOUTHFIELDS AVENUE, 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 SOUTHFIELDS AVENUE). 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 SOUTHFIELDS AVENUE?

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