9, KING STREET, OADBY, LEICESTER, LE2 5DF - £76,000

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.

9 KING STREET is a very small detached house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £243,954. It was last sold for £76,000 in April 2001, which was around 41% below the average April 2001 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

9 KING STREET Sold Prices

Land registry data shows two sales for 9 KING STREET 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 9 KING STREET 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
2001 2 APR	£76,000	£128,142	41% below HPI
1997 24 OCT	£49,500	£99,781	50% below HPI

9 KING STREET 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 9 KING STREET sales from October 1997 and April 2001 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 October 1997 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2001 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 9 KING STREET be worth now?

9 KING STREET might now be worth an estimated £243,954.

This is based on house price inflation of 221%, between April 2001 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 221% inflationary increase is applied to the most recent sale price for 9 KING STREET of £76,000 on 2nd April 2001. For the value to have increased from £76,000 to £243,954 over the 24 years and two months to February 2025, the following assumptions must hold true:

• The value of 9 KING STREET has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The April 2001 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of 9 KING STREET has not materially changed since April 2001.

How Large is 9 KING STREET?

9 KING STREET is 50m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 9 KING STREET lies on this distribution: Less than 1% of detached houses houses are smaller than 9 KING STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oadby.

9 KING STREET: Plot and Title Map

9 KING STREET sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 9 KING STREET, 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 9 KING STREET). 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 9 KING STREET?

9 KING STREET is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 9 on KING STREET.