7 Mercia Drive, Oadby, Leicester, LE2 5GB is a freehold semi-detached property built between 1950-1966. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £295,261 , which equates to approximately £323 per square foot. It was last sold on 3 Jul 2009 for £148,800. Since then, the value has increased by £146,461, representing a 98.4% increase, or approximately 6.0% per year.

The current estimated value of £295,261 is:

  • 9.5% higher than the average property price on Mercia Drive
  • 12.3% higher than the average in the LE2 5GB postcode area
  • and 12.3% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 9 April 2009, the property was recorded as owner-occupied.

View sold house prices in LE2 5GB

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
915 sq ft
Tenure
Freehold
Price (estimate)
£295,261
Price Per sq ft (estimate)
£323
Bedroom Count (estimate)
3 bedrooms

EPC Summary

7 Mercia Drive, Oadby, Leicester, Oadby And Wigston, Leicestershire, LE2 5GB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 17 Dec 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Oct 2009. The rating of E is unchanged, though the energy efficiency score decreased by 6.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 75 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to LE2 5GB

4 th / 11
Price Rank
12% higher than average
2 nd / 9
Size Rank
19% bigger than average
6 th / 9
Price Per Sq FT Rank
6% lower than average

Compared to other properties in LE2 5GB , this house's estimated value ranks 4th out of 11. Based on price per square foot, it ranks 6th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 9 properties in its postcode area.

Sale History

Today
£295,261
streetscan.co.uk estimate
+98 %
3 Jul 2009
£148,800
Leasehold

Area Insights

Similar Properties Sold Nearby

9 Mercia Drive, Oadby, Leicester, LE2 5GB
rooms: 4
size: 872 sq ft
sale price: £290,000
sale date: 6 May 2022
5 Mercia Drive, Oadby, Leicester, LE2 5GB
rooms: 4
size: 850 sq ft
sale price: £168,500
sale date: 18 Nov 2016

Data Sources

The property at 7 Mercia Drive, Oadby, Leicester, Oadby And Wigston, Leicestershire, LE2 5GB appears once in the Land Registry records, with the transaction recorded on 3 Jul 2009. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Dec 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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