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

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

9 KING STREET is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £76,000 in April 2001, which was around 40% 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	£126,651	40% below HPI
1997 24 OCT	£49,500	£98,620	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 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Oadby, based on EPC data. The below chart shows the distribution of detached houses by size in Oadby, and where 9 KING STREET lies on this distribution: Less than 1% of detached 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 0.036 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.