19, SPA LANE, WIGSTON, LE18 3QD - £275,000

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.

19 SPA LANE is a large extended detached house of 120m², built sometime before 1900, which could now be worth an estimated £384,475. It was last sold for £275,000 in October 2016, which was around 7% below the average October 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was C.

19 SPA LANE Sold Prices

Land registry data shows two sales for 19 SPA 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 Oadby and Wigston local authority area for the corresponding sale date. Both of the two 19 SPA 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
2016 7 OCT	£275,000	£294,205	7% below HPI
2014 20 JUN	£180,000	£255,469	30% below HPI

19 SPA LANE 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 19 SPA LANE sales from June 2014 and October 2016 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 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 19 SPA LANE be worth now?

19 SPA LANE might now be worth an estimated £384,475.

This is based on house price inflation of 39.8%, between October 2016 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 39.8% inflationary increase is applied to the most recent sale price for 19 SPA LANE of £275,000 on 7th October 2016. For the value to have increased from £275,000 to £384,475 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 19 SPA LANE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The October 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 19 SPA LANE has not materially changed since October 2016.

How Large is 19 SPA LANE?

19 SPA LANE is 120m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 40% 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 19 SPA LANE lies on this distribution: 62% of detached houses houses are smaller than 19 SPA LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wigston.

19 SPA LANE: Plot and Title Map

19 SPA LANE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 19 SPA 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 19 SPA 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 19 SPA LANE?

19 SPA LANE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 19 on SPA LANE.