1, FIR TREE CLOSE, WIGSTON, LE18 1JD - £328,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FIR TREE CLOSE is a very large extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £381,217. It was last sold for £328,000 in October 2019, which was around 5% below the average October 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

1 FIR TREE CLOSE Sold Prices

Land registry data shows three sales for 1 FIR TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. The three 1 FIR TREE CLOSE sales were a mix of below the average price, and roughly equal to 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
2019 18 OCT	£328,000	£344,570	5% below HPI
2016 18 FEB	£250,000	£281,795	11% below HPI
2011 12 AUG	£245,000	£245,806	Close to HPI

1 FIR TREE CLOSE 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 three 1 FIR TREE CLOSE sales between August 2011 and October 2019 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 February 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 FIR TREE CLOSE be worth now?

1 FIR TREE CLOSE might now be worth an estimated £381,217.

This is based on house price inflation of 16.2%, between October 2019 and December 2024, 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 16.2% inflationary increase is applied to the most recent sale price for 1 FIR TREE CLOSE of £328,000 on 18th October 2019. For the value to have increased from £328,000 to £381,217 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 FIR TREE CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2019 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FIR TREE CLOSE has not materially changed since October 2019.

How Large is 1 FIR TREE CLOSE?

1 FIR TREE CLOSE is 146m², which includes three extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigston, and where 1 FIR TREE CLOSE lies on this distribution: 85% of detached houses houses are smaller than 1 FIR TREE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Wigston.

1 FIR TREE CLOSE: Plot and Title Map

1 FIR TREE CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 1 FIR TREE CLOSE, 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 1 FIR TREE CLOSE). 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 1 FIR TREE CLOSE?

1 FIR TREE CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 1 on FIR TREE CLOSE.