221, WIGSTON LANE, AYLESTONE, LEICESTER, LE2 8DJ - £175,000

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.

221 WIGSTON LANE is a small extended semi-detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £223,296. It was last sold for £175,000 in May 2020, which was around 14% below the average May 2020 semi-detached price in the Leicester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

221 WIGSTON LANE Sold Prices

Land registry data shows two sales for 221 WIGSTON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 221 WIGSTON 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
2020 1 MAY	£175,000	£203,862	14% below HPI
2003 31 OCT	£100,000	£107,613	7% below HPI

221 WIGSTON LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 221 WIGSTON LANE sales from October 2003 and May 2020 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 221 WIGSTON LANE be worth now?

221 WIGSTON LANE might now be worth an estimated £223,296.

This is based on house price inflation of 27.6%, between May 2020 and March 2025, for semi-detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for 221 WIGSTON LANE of £175,000 on 1st May 2020. For the value to have increased from £175,000 to £223,296 over the five years and two months to March 2025, the following assumptions must hold true:

• The value of 221 WIGSTON LANE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The May 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 221 WIGSTON LANE has not materially changed since May 2020.

How Large is 221 WIGSTON LANE?

221 WIGSTON LANE is 87m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 221 WIGSTON LANE lies on this distribution: 20% of semi-detached houses houses are smaller than 221 WIGSTON LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Leicester.

221 WIGSTON LANE: Plot and Title Map

221 WIGSTON LANE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 221 WIGSTON 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 221 WIGSTON 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 221 WIGSTON LANE?

221 WIGSTON LANE is located in AYLESTONE, in the LE2 postcode district. The below map shows the position of No. 221 on WIGSTON LANE.