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
15 RAILWAY STREET is a very small semi-detached house of 59m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2022, which was around 46% below the average August 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 15 RAILWAY STREET since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the six 15 RAILWAY STREET 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 |
---|---|---|---|
2022 16 AUG | £220,000 | £407,340 | 46% below HPI |
2018 15 OCT | £163,500 | £337,611 | 52% below HPI |
2014 28 NOV | £125,000 | £269,187 | 54% below HPI |
2007 17 AUG | £134,340 | £258,645 | 48% below HPI |
2003 3 FEB | £78,500 | £192,046 | 59% below HPI |
1999 31 MAR | £44,950 | £102,538 | 56% below HPI |
The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The six 15 RAILWAY STREET sales between March 1999 and August 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 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
15 RAILWAY STREET is 59m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 15 RAILWAY STREET lies on this distribution: 2% of detached houses are smaller than 15 RAILWAY STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Wigston.
15 RAILWAY STREET sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 15 RAILWAY STREET, 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 15 RAILWAY STREET). 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.
15 RAILWAY STREET is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 15 on RAILWAY STREET.