127, WIGSTON LANE, AYLESTONE, LEICESTER, LE2 8TJ - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

127 WIGSTON LANE is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £285,000 in January 2023, which was around 30% below the average January 2023 detached price in the Leicester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

127 WIGSTON LANE Sold Prices

Land registry data shows two sales for 127 WIGSTON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 127 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 27 JAN	£285,000	£406,801	30% below HPI
2018 20 JUL	£205,000	£296,110	31% below HPI

127 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 two 127 WIGSTON LANE sales from July 2018 and January 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 July 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 127 WIGSTON LANE?

127 WIGSTON LANE is 86m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 127 WIGSTON LANE lies on this distribution: 19% of detached houses are smaller than 127 WIGSTON LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Leicester.

127 WIGSTON LANE: Plot and Title Map

127 WIGSTON LANE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 127 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 127 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 127 WIGSTON LANE?

127 WIGSTON LANE is located in AYLESTONE, in the LE2 postcode district. The below map shows the position of No. 127 on WIGSTON LANE.