16, GEORGEHAM CLOSE, WIGSTON, LE18 2HZ - £191,500

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

16 GEORGEHAM CLOSE is a small extended semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £253,267. It was last sold for £191,500 in July 2017, which was around 1% below the average July 2017 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

16 GEORGEHAM CLOSE Sold Prices

Land registry data shows four sales for 16 GEORGEHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. two of the four 16 GEORGEHAM CLOSE sales were for below the average price, and four were 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
2017 31 JUL	£191,500	£192,682	1% below HPI
2009 24 JUL	£138,000	£136,108	1% above HPI
2002 19 MAY	£89,950	£90,513	1% below HPI
1998 30 SEP	£65,000	£58,864	10% above HPI

16 GEORGEHAM 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 four 16 GEORGEHAM CLOSE sales between September 1998 and July 2017 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 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 GEORGEHAM CLOSE be worth now?

16 GEORGEHAM CLOSE might now be worth an estimated £253,267.

This is based on house price inflation of 32.3%, between July 2017 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 32.3% inflationary increase is applied to the most recent sale price for 16 GEORGEHAM CLOSE of £191,500 on 31st July 2017. For the value to have increased from £191,500 to £253,267 over the six years and seven months to December 2024, the following assumptions must hold true:

• The value of 16 GEORGEHAM CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The July 2017 sale price of £191,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GEORGEHAM CLOSE has not materially changed since July 2017.

How Large is 16 GEORGEHAM CLOSE?

16 GEORGEHAM CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 16 GEORGEHAM CLOSE lies on this distribution: 29% of semi-detached houses houses are smaller than 16 GEORGEHAM CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wigston.

16 GEORGEHAM CLOSE: Plot and Title Map

16 GEORGEHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 16 GEORGEHAM 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 16 GEORGEHAM 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 16 GEORGEHAM CLOSE?

16 GEORGEHAM CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 16 on GEORGEHAM CLOSE.