8, CRANBORNE GARDENS, OADBY, LEICESTER, LE2 4EZ - £725,000

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

8 CRANBORNE GARDENS is a midsized detached house of 129m², built sometime between 1976 and 1982. It was last sold for £725,000 in July 2022, which was around 84% above the average July 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

8 CRANBORNE GARDENS Sold Prices

Land registry data shows two sales for 8 CRANBORNE GARDENS 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 CRANBORNE GARDENS 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
2022 12 JUL	£725,000	£394,555	84% above HPI
2008 9 SEP	£400,000	£243,683	64% above HPI

8 CRANBORNE GARDENS 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 CRANBORNE GARDENS sales from September 2008 and July 2022 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 2008 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2022 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 8 CRANBORNE GARDENS?

8 CRANBORNE GARDENS is 129m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 CRANBORNE GARDENS lies on this distribution: 59% of detached houses are smaller than 8 CRANBORNE GARDENS, and 41% of houses are larger. Note that EPC data is not available for all properties in Oadby.

8 CRANBORNE GARDENS: Plot and Title Map

8 CRANBORNE GARDENS sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 8 CRANBORNE GARDENS, 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 CRANBORNE GARDENS). 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 CRANBORNE GARDENS?

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