28, WEIR CLOSE, WIGSTON, LE18 4NG - £260,000

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 WEIR CLOSE is a large detached house of 121m², built sometime between 2003 and 2006. It was last sold for £260,000 in June 2016, which was around 11% below the average June 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

28 WEIR CLOSE Sold Prices

Land registry data shows two sales for 28 WEIR 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 28 WEIR 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
2016 10 JUN	£260,000	£292,107	11% below HPI
2004 18 JUN	£189,995	£222,275	15% below HPI

28 WEIR 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 28 WEIR CLOSE sales from June 2004 and June 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 28 WEIR CLOSE be worth now?

28 WEIR CLOSE might now be worth an estimated £356,457.

This is based on house price inflation of 37.1%, between June 2016 and December 2024, 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 37.1% inflationary increase is applied to the most recent sale price for 28 WEIR CLOSE of £260,000 on 10th June 2016. For the value to have increased from £260,000 to £356,457 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 28 WEIR CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WEIR CLOSE has not materially changed since June 2016.

How Large is 28 WEIR CLOSE?

28 WEIR CLOSE is 121m² according to the EPC inspection conducted in February 2016. 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 28 WEIR CLOSE lies on this distribution: 65% of detached houses houses are smaller than 28 WEIR CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Wigston.

28 WEIR CLOSE: Plot and Title Map

28 WEIR CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 28 WEIR 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 WEIR 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 WEIR CLOSE?

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