Area guides

›

LE2

› New builds

New builds in LE2: what they really sell for.

In the 12 months to September 2026, 15 new-build homes sold in LE2 (Leicester), 2% of all sales, according to HM Land Registry. New detached homes sold for a median £428,325, 1.6% more than existing ones.

Leicester, covering Aylestone, Castle, Evington, Eyres Monsell, Glen, Glen Parva, Knighton, Oadby Brocks Hill.

New homes sold

15

2% of sales, last 12 months

New-build premium

+1.6%

Detached homes

Resold, vs market

+10.3%

Market +17.4%

Energy bills

~£557/yr

50% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Bossu Drive, OadbyLE2 2GR · detached, semi-detached · 23 sold · latest Nov 2025
£280k–£542k£4,332/m²
Barnacle Way, Glen ParvaLE2 9DR, LE2 9DS · detached, semi-detached, terraced, flat · 10 sold · latest Nov 2025
£155k–£450k£3,831/m²
Jamie Marcus Way, OadbyLE2 4WB · detached, semi-detached · 23 sold · latest Nov 2025
£309k–£534k£3,929/m²
Winifred StreetLE2 7QW, LE2 7QX · flat · 5 sold · latest Nov 2025
£180k–£199k
Dilkes Drive, OadbyLE2 4WF · detached · 5 sold · latest Aug 2025
£424k–£486k£4,046/m²
Weston Rise, OadbyLE2 4WA · detached, semi-detached · 13 sold · latest Jun 2025
£314k–£539k£4,047/m²
Penny Lane, OadbyLE2 2GN · detached · 3 sold · latest Mar 2025
£388k–£414k£4,164/m²
Stoctone Road, OadbyLE2 2GT · detached, semi-detached · 9 sold · latest Mar 2025
£313k–£710k£3,809/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+1.6%

New £428k · existing £422k

58 new-build sales

Semi-detached

+20.4%

New £325k · existing £270k

34 new-build sales

Flat

+42.4%

New £192k · existing £135k

6 new-build sales

Resale

Do new builds in LE2 hold their value?

Bought new, resold

+10.3%

Local market, same years

+17.4%

Kept pace

21 of 80

Typically held 4.2 years

Homes in LE2 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£557/yr

Typical 101 m² home

Typical rating

EPC B

Solar panels

50%

of homes

Heat pumps

0%

of homes

From the energy certificates of 48 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in LE2?

Over the last two years, new detached homes in LE2 sold for a median £428,325 against £421,625 for existing ones, a difference of +1.6%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in LE2 hold their value?

80 homes in LE2 bought new and later resold changed by a median +10.3%, typically after 4.2 years. The local market moved +17.4% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in LE2?

Recent new-build sales recorded by Land Registry in LE2 include Bossu Drive, Oadby, Barnacle Way, Glen Parva, Jamie Marcus Way, Oadby, Winifred Street, Dilkes Drive, Oadby. New streets appear once the first homes complete.

How do I know if a new build in LE2 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers