12, ERVINS LOCK ROAD, WIGSTON, LE18 4NQ - £122,500

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

12 ERVINS LOCK ROAD is a very small semi-detached house of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £145,366. It was last sold for £122,500 in October 2019, which was around 43% below the average October 2019 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

12 ERVINS LOCK ROAD Sold Prices

Land registry data shows two sales for 12 ERVINS LOCK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 12 ERVINS LOCK ROAD 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
2019 17 OCT	£122,500	£214,745	43% below HPI
2005 15 AUG	£89,500	£152,923	41% below HPI

12 ERVINS LOCK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 12 ERVINS LOCK ROAD sales from August 2005 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 August 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 12 ERVINS LOCK ROAD be worth now?

12 ERVINS LOCK ROAD might now be worth an estimated £145,366.

This is based on house price inflation of 18.7%, between October 2019 and December 2024, for semi-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 18.7% inflationary increase is applied to the most recent sale price for 12 ERVINS LOCK ROAD of £122,500 on 17th October 2019. For the value to have increased from £122,500 to £145,366 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 12 ERVINS LOCK ROAD has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The October 2019 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 12 ERVINS LOCK ROAD has not materially changed since October 2019.

How Large is 12 ERVINS LOCK ROAD?

12 ERVINS LOCK ROAD is 47m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Wigston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wigston, and where 12 ERVINS LOCK ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 12 ERVINS LOCK ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wigston.

12 ERVINS LOCK ROAD: Plot and Title Map

12 ERVINS LOCK ROAD sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 12 ERVINS LOCK 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 12 ERVINS LOCK 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 12 ERVINS LOCK ROAD?

12 ERVINS LOCK ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 12 on ERVINS LOCK ROAD.