25, SPA LANE, WIGSTON, LE18 3QD - £215,000

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

25 SPA LANE is a very small semi-detached house of 76m², built sometime between 1930 and 1949. It was last sold for £215,000 in September 2018, which was around 3% above the average September 2018 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

25 SPA LANE Sold Prices

Land registry data shows two sales for 25 SPA 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 Oadby and Wigston local authority area for the corresponding sale date. One of the two 25 SPA LANE sales was for above the average price, whilst the other was 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
2018 21 SEP	£215,000	£209,442	3% above HPI
2013 26 APR	£108,750	£146,391	26% below HPI

25 SPA LANE 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 two 25 SPA LANE sales from April 2013 and September 2018 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 April 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 25 SPA LANE be worth now?

25 SPA LANE might now be worth an estimated £261,592.

This is based on house price inflation of 21.7%, between September 2018 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 21.7% inflationary increase is applied to the most recent sale price for 25 SPA LANE of £215,000 on 21st September 2018. For the value to have increased from £215,000 to £261,592 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 25 SPA LANE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The September 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SPA LANE has not materially changed since September 2018.

How Large is 25 SPA LANE?

25 SPA LANE is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% 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 25 SPA LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 25 SPA LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wigston.

25 SPA LANE: Plot and Title Map

25 SPA LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 25 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 25 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 25 SPA LANE?

25 SPA LANE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 25 on SPA LANE.