8, SOUTHMEADS CLOSE, LEICESTER, LE2 2LT - £840,000

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 SOUTHMEADS CLOSE is a very large extended detached house of 191m², built sometime between 1967 and 1975. It was last sold for £840,000 in December 2022, which was around 98% above the average December 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 SOUTHMEADS CLOSE Sold Prices

Land registry data shows two sales for 8 SOUTHMEADS 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 SOUTHMEADS CLOSE 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 21 DEC	£840,000	£424,484	98% above HPI
1999 16 APR	£175,000	£103,419	69% above HPI

8 SOUTHMEADS 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 SOUTHMEADS CLOSE sales from April 1999 and December 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 April 1999 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2022 sale, where it rises to 98% above the HPI. The line then continues to track at 98% above the HPI.

How Large is 8 SOUTHMEADS CLOSE?

8 SOUTHMEADS CLOSE is 191m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 SOUTHMEADS CLOSE lies on this distribution: 88% of detached houses are smaller than 8 SOUTHMEADS CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Oadby.

8 SOUTHMEADS CLOSE: Plot and Title Map

8 SOUTHMEADS CLOSE sits on a plot of roughly 0.454 of an acre, or 1,836m². The below map shows the location of 8 SOUTHMEADS 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 SOUTHMEADS 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 SOUTHMEADS CLOSE?

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