87, OADBY ROAD, WIGSTON, LE18 3RQ - £275,000

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

87 OADBY ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £275,000 in December 2023, which was around 31% below the average December 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was B.

87 OADBY ROAD Sold Prices

Land registry data shows two sales for 87 OADBY 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. Both of the two 87 OADBY ROAD 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
2023 8 DEC	£275,000	£398,481	31% below HPI
2021 6 JUL	£225,000	£358,927	37% below HPI

87 OADBY 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 87 OADBY ROAD sales from July 2021 and December 2023 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 July 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 87 OADBY ROAD?

87 OADBY ROAD is 76m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 87 OADBY ROAD lies on this distribution: 12% of detached houses are smaller than 87 OADBY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Wigston.

87 OADBY ROAD: Plot and Title Map

87 OADBY ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 87 OADBY 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 87 OADBY 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 87 OADBY ROAD?

87 OADBY ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 87 on OADBY ROAD.