2, NEWBURY CLOSE, WIGSTON, LE18 2JJ - £290,000

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.

2 NEWBURY CLOSE is a large detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £386,333. It was last sold for £290,000 in July 2017, which was around 6% below the average July 2017 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

2 NEWBURY CLOSE Sold Prices

Land registry data shows two sales for 2 NEWBURY CLOSE 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 2 NEWBURY 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
2017 11 JUL	£290,000	£308,760	6% below HPI
2007 10 AUG	£215,000	£261,689	18% below HPI

2 NEWBURY 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 two 2 NEWBURY CLOSE sales from August 2007 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 August 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 NEWBURY CLOSE be worth now?

2 NEWBURY CLOSE might now be worth an estimated £386,333.

This is based on house price inflation of 33.2%, between July 2017 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 33.2% inflationary increase is applied to the most recent sale price for 2 NEWBURY CLOSE of £290,000 on 11th July 2017. For the value to have increased from £290,000 to £386,333 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 NEWBURY CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The July 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWBURY CLOSE has not materially changed since July 2017.

How Large is 2 NEWBURY CLOSE?

2 NEWBURY CLOSE is 121m² according to the EPC inspection conducted in March 2017. 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 2 NEWBURY CLOSE lies on this distribution: 65% of detached houses houses are smaller than 2 NEWBURY CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Wigston.

2 NEWBURY CLOSE: Plot and Title Map

2 NEWBURY CLOSE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 2 NEWBURY 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 2 NEWBURY 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 2 NEWBURY CLOSE?

2 NEWBURY CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 2 on NEWBURY CLOSE.