1, STANHOPE ROAD, WIGSTON, LE18 3SJ - £375,500

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 STANHOPE ROAD is a midsized detached house of 100m², built sometime between 1950 and 1966. It was last sold for £375,500 in October 2024, which was around 10% below the average October 2024 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

1 STANHOPE ROAD Sold Prices

Land registry data shows two sales for 1 STANHOPE ROAD 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. One of the two 1 STANHOPE ROAD sales was for below the average price, whilst the other was for above 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
2024 17 OCT	£375,500	£415,726	10% below HPI
2015 7 MAY	£275,000	£269,392	2% above HPI

1 STANHOPE ROAD 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 1 STANHOPE ROAD sales from May 2015 and October 2024 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 May 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 STANHOPE ROAD be worth now?

1 STANHOPE ROAD might now be worth an estimated £361,725.

This is based on house price deflation of 3.7%, between October 2024 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 3.7% deflationary decrease is applied to the most recent sale price for 1 STANHOPE ROAD of £375,500 on 17th October 2024. For the value to have decreased from £375,500 to £361,725 over the ten months to December 2024, the following assumptions must hold true:

• The value of 1 STANHOPE ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2024 sale price of £375,500 represented a fair market value for the property.
• The size, condition, and specification of 1 STANHOPE ROAD has not materially changed since October 2024.

How Large is 1 STANHOPE ROAD?

1 STANHOPE ROAD is 100m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% 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 STANHOPE ROAD lies on this distribution: 40% of detached houses houses are smaller than 1 STANHOPE ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Wigston.

1 STANHOPE ROAD: Plot and Title Map

1 STANHOPE ROAD sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 1 STANHOPE ROAD, 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 STANHOPE ROAD). 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 STANHOPE ROAD?

1 STANHOPE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 1 on STANHOPE ROAD.