74, SEVERN ROAD, OADBY, LEICESTER, LE2 4FZ - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

74 SEVERN ROAD is a very small semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £241,439. It was last sold for £135,000 in May 2013, which was around 8% below the average May 2013 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

74 SEVERN ROAD Sold Prices

Land registry data shows two sales for 74 SEVERN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 74 SEVERN ROAD 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
2013 13 MAY	£135,000	£146,006	8% below HPI
2011 2 DEC	£145,000	£151,020	4% below HPI

74 SEVERN ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 74 SEVERN ROAD sales from December 2011 and May 2013 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 December 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 74 SEVERN ROAD be worth now?

74 SEVERN ROAD might now be worth an estimated £241,439.

This is based on house price inflation of 78.8%, between May 2013 and February 2025, for semi-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 78.8% inflationary increase is applied to the most recent sale price for 74 SEVERN ROAD of £135,000 on 13th May 2013. For the value to have increased from £135,000 to £241,439 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 74 SEVERN ROAD has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The May 2013 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 74 SEVERN ROAD has not materially changed since May 2013.

How Large is 74 SEVERN ROAD?

74 SEVERN ROAD is 53m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oadby, and where 74 SEVERN ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 74 SEVERN ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

74 SEVERN ROAD: Plot and Title Map

74 SEVERN ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 74 SEVERN ROAD, 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 74 SEVERN ROAD). 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 74 SEVERN ROAD?

74 SEVERN ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 74 on SEVERN ROAD.