8, BROXFIELD CLOSE, OADBY, LEICESTER, LE2 5WJ - £260,000

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

8 BROXFIELD CLOSE is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £260,000 in December 2016, which was around 12% below the average December 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

8 BROXFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 BROXFIELD CLOSE 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 8 BROXFIELD CLOSE 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
2016 22 DEC	£260,000	£294,583	12% below HPI
2003 16 SEP	£199,950	£208,669	4% below HPI

8 BROXFIELD CLOSE 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 8 BROXFIELD CLOSE sales from September 2003 and December 2016 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 BROXFIELD CLOSE?

8 BROXFIELD CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 8 BROXFIELD CLOSE lies on this distribution: 16% of detached houses are smaller than 8 BROXFIELD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Oadby.

8 BROXFIELD CLOSE: Plot and Title Map

8 BROXFIELD CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 8 BROXFIELD CLOSE, 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 8 BROXFIELD CLOSE). 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 8 BROXFIELD CLOSE?

8 BROXFIELD CLOSE is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 8 on BROXFIELD CLOSE.