8, THE OASIS, GLENFIELD, LEICESTER, LE3 8QS - £460,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE OASIS is a very large extended detached house of 182m², built sometime between 1991 and 1995, which could now be worth an estimated £456,432. It was last sold for £460,000 in November 2022, which was around 16% above the average November 2022 detached price in the Blaby local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

8 THE OASIS Sold Prices

Land registry data shows four sales for 8 THE OASIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 8 THE OASIS 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 17 NOV	£460,000	£397,681	16% above HPI
2002 5 AUG	£174,500	£147,825	18% above HPI
1997 20 JUN	£105,000	£79,910	31% above HPI
1995 29 NOV	£89,950	£73,486	22% above HPI

8 THE OASIS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 8 THE OASIS sales between November 1995 and November 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 August 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 THE OASIS be worth now?

8 THE OASIS might now be worth an estimated £456,432.

This is based on house price deflation of 0.8%, between November 2022 and December 2024, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 8 THE OASIS of £460,000 on 17th November 2022. For the value to have decreased from £460,000 to £456,432 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 THE OASIS has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE OASIS has not materially changed since November 2022.

How Large is 8 THE OASIS?

8 THE OASIS is 182m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 20% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 8 THE OASIS lies on this distribution: 89% of detached houses houses are smaller than 8 THE OASIS, and 11% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 THE OASIS: Plot and Title Map

8 THE OASIS sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 8 THE OASIS, 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 THE OASIS). 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 THE OASIS?

8 THE OASIS is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 8 on THE OASIS.