8, WHITEOAKS ROAD, OADBY, LEICESTER, LE2 5YL - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WHITEOAKS ROAD is a large extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £409,836. It was last sold for £325,000 in February 2018, which was about the average February 2018 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

8 WHITEOAKS ROAD Sold Prices

Land registry data shows two sales for 8 WHITEOAKS ROAD 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. One of the two 8 WHITEOAKS ROAD sales was roughly equal to the average price, whilst the other was 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
2018 9 FEB	£325,000	£326,181	Close to HPI
2003 17 JAN	£197,500	£190,876	3% above HPI

8 WHITEOAKS ROAD 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 WHITEOAKS ROAD sales from January 2003 and February 2018 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 January 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 WHITEOAKS ROAD be worth now?

8 WHITEOAKS ROAD might now be worth an estimated £409,836.

This is based on house price inflation of 26.1%, between February 2018 and February 2025, for detached houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 8 WHITEOAKS ROAD of £325,000 on 9th February 2018. For the value to have increased from £325,000 to £409,836 over the seven years to February 2025, the following assumptions must hold true:

• The value of 8 WHITEOAKS ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WHITEOAKS ROAD has not materially changed since February 2018.

How Large is 8 WHITEOAKS ROAD?

8 WHITEOAKS ROAD is 137m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 8 WHITEOAKS ROAD lies on this distribution: 65% of detached houses houses are smaller than 8 WHITEOAKS ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Oadby.

8 WHITEOAKS ROAD: Plot and Title Map

8 WHITEOAKS ROAD sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 8 WHITEOAKS ROAD, 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 WHITEOAKS ROAD). 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 WHITEOAKS ROAD?

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