123, WIGSTON LANE, AYLESTONE, LEICESTER, LE2 8TJ - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

123 WIGSTON LANE is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £300,000 in May 2023, which was around 25% below the average May 2023 detached price in the Leicester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

123 WIGSTON LANE Sold Prices

Land registry data shows three sales for 123 WIGSTON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 123 WIGSTON LANE 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
2023 4 MAY	£300,000	£398,844	25% below HPI
2019 14 MAR	£270,000	£295,108	9% below HPI
1998 1 MAY	£70,500	£74,672	6% below HPI

123 WIGSTON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 123 WIGSTON LANE sales between May 1998 and May 2023 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 March 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 123 WIGSTON LANE?

123 WIGSTON LANE is 73m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 123 WIGSTON LANE lies on this distribution: 9% of detached houses are smaller than 123 WIGSTON LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Leicester.

123 WIGSTON LANE: Plot and Title Map

123 WIGSTON LANE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 123 WIGSTON LANE, 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 123 WIGSTON LANE). 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 123 WIGSTON LANE?

123 WIGSTON LANE is located in AYLESTONE, in the LE2 postcode district. The below map shows the position of No. 123 on WIGSTON LANE.