28, PENNEY CLOSE, WIGSTON, LE18 1AN - £130,000

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

28 PENNEY CLOSE is a very small semi-detached house of 46m², built sometime between 1967 and 1975. It was last sold for £130,000 in March 2024, which was around 49% below the average March 2024 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

28 PENNEY CLOSE Sold Prices

Land registry data shows four sales for 28 PENNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 28 PENNEY 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
2024 22 MAR	£130,000	£252,577	49% below HPI
2019 15 FEB	£107,000	£213,006	50% below HPI
2005 5 SEP	£99,950	£152,087	34% below HPI
2003 9 MAY	£73,000	£119,919	39% below HPI

28 PENNEY CLOSE 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 four 28 PENNEY CLOSE sales between May 2003 and March 2024 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 February 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2024 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 28 PENNEY CLOSE be worth now?

28 PENNEY CLOSE might now be worth an estimated £131,160.

This is based on house price inflation of 0.9%, between March 2024 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 0.9% inflationary increase is applied to the most recent sale price for 28 PENNEY CLOSE of £130,000 on 22nd March 2024. For the value to have increased from £130,000 to £131,160 over the three months to December 2024, the following assumptions must hold true:

• The value of 28 PENNEY CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The March 2024 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PENNEY CLOSE has not materially changed since March 2024.

How Large is 28 PENNEY CLOSE?

28 PENNEY CLOSE is 46m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 28 PENNEY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 28 PENNEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wigston.

28 PENNEY CLOSE: Plot and Title Map

28 PENNEY CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 28 PENNEY 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 28 PENNEY 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 28 PENNEY CLOSE?

28 PENNEY CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 28 on PENNEY CLOSE.