12, PRESTON CLOSE, WIGSTON, LE18 3AG - £154,517

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 PRESTON CLOSE is a small semi-detached house of 87m², built in 2021, which could now be worth an estimated £156,759. It was last sold for £154,517 in June 2022, which was around 38% below the average June 2022 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

12 PRESTON CLOSE Sold Prices

Land registry data shows two sales for 12 PRESTON CLOSE 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. One of the two 12 PRESTON CLOSE 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
2022 24 JUN	£154,517	£251,186	38% below HPI
2021 27 OCT	£408,294	£235,296	74% above HPI

12 PRESTON CLOSE 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 PRESTON CLOSE sales from October 2021 and June 2022 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 October 2021 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 12 PRESTON CLOSE be worth now?

12 PRESTON CLOSE might now be worth an estimated £156,759.

This is based on house price inflation of 1.5%, between June 2022 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 1.5% inflationary increase is applied to the most recent sale price for 12 PRESTON CLOSE of £154,517 on 24th June 2022. For the value to have increased from £154,517 to £156,759 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 12 PRESTON CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The June 2022 sale price of £154,517 represented a fair market value for the property.
• The size, condition, and specification of 12 PRESTON CLOSE has not materially changed since June 2022.

How Large is 12 PRESTON CLOSE?

12 PRESTON CLOSE is 87m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 PRESTON CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 12 PRESTON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Wigston.

12 PRESTON CLOSE: Plot and Title Map

12 PRESTON CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 12 PRESTON 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 12 PRESTON 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 12 PRESTON CLOSE?

12 PRESTON CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 12 on PRESTON CLOSE.