16, WEIR CLOSE, WIGSTON, LE18 4NG - £186,000

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

16 WEIR CLOSE is a very large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £186,000 in December 2015, which was around 33% below the average December 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

16 WEIR CLOSE Sold Prices

Land registry data shows four sales for 16 WEIR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 16 WEIR CLOSE 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
2015 9 DEC	£186,000	£276,355	33% below HPI
2010 17 DEC	£167,000	£239,498	30% below HPI
2007 9 FEB	£184,000	£247,628	26% below HPI
2003 26 SEP	£165,995	£208,669	20% below HPI

16 WEIR CLOSE 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 four 16 WEIR CLOSE sales between September 2003 and December 2015 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 December 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 WEIR CLOSE?

16 WEIR CLOSE is 144m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 16 WEIR CLOSE lies on this distribution: 85% of detached houses are smaller than 16 WEIR CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Wigston.

16 WEIR CLOSE: Plot and Title Map

16 WEIR CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 16 WEIR 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 WEIR 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 WEIR CLOSE?

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