124, GRANGE ROAD, WIGSTON, LE18 1JJ - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

124 GRANGE ROAD is a very large extended detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £510,872. It was last sold for £435,000 in January 2020, which was around 24% above the average January 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

124 GRANGE ROAD Sold Prices

Land registry data shows two sales for 124 GRANGE 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 124 GRANGE ROAD sales was for above the average price, whilst the other was 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
2020 31 JAN	£435,000	£350,237	24% above HPI
2016 24 JUN	£225,000	£292,107	23% below HPI

124 GRANGE 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 124 GRANGE ROAD sales from June 2016 and January 2020 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 June 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 124 GRANGE ROAD be worth now?

124 GRANGE ROAD might now be worth an estimated £510,872.

This is based on house price inflation of 17.4%, between January 2020 and February 2025, 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 17.4% inflationary increase is applied to the most recent sale price for 124 GRANGE ROAD of £435,000 on 31st January 2020. For the value to have increased from £435,000 to £510,872 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 124 GRANGE ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The January 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 124 GRANGE ROAD has not materially changed since January 2020.

How Large is 124 GRANGE ROAD?

124 GRANGE ROAD is 148m², which includes four extensions, according to the EPC inspection conducted in November 2019. 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 124 GRANGE ROAD lies on this distribution: 86% of detached houses houses are smaller than 124 GRANGE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Wigston.

124 GRANGE ROAD: Plot and Title Map

124 GRANGE ROAD sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 124 GRANGE 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 124 GRANGE 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 124 GRANGE ROAD?

124 GRANGE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 124 on GRANGE ROAD.