8, FRENSHAM CLOSE, OADBY, LEICESTER, LE2 5WF - £240,000

8 FRENSHAM CLOSE is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2016, which was around 16% below the average May 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

8 FRENSHAM CLOSE Sold Prices

Land registry data shows two sales for 8 FRENSHAM 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 FRENSHAM 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 4 MAY	£240,000	£286,375	16% below HPI
1999 12 AUG	£99,000	£105,349	6% below HPI

8 FRENSHAM 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 FRENSHAM CLOSE sales from August 1999 and May 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 August 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 FRENSHAM CLOSE?

8 FRENSHAM CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in January 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 FRENSHAM CLOSE lies on this distribution: 19% of detached houses are smaller than 8 FRENSHAM CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Oadby.

8 FRENSHAM CLOSE: Plot and Title Map

8 FRENSHAM CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 8 FRENSHAM 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 FRENSHAM 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 FRENSHAM CLOSE?

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