281, WIGSTON LANE, AYLESTONE, LEICESTER, LE2 8DL - £145,000

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

281 WIGSTON LANE is a small extended semi-detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £264,599. It was last sold for £145,000 in September 2007, which was around 1% above the average September 2007 semi-detached price in the Leicester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

281 WIGSTON LANE Sold Prices

Land registry data shows two sales for 281 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 281 WIGSTON LANE sales were for above 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
2007 28 SEP	£145,000	£144,271	1% above HPI
2001 3 AUG	£71,000	£61,503	15% above HPI

281 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 281 WIGSTON LANE sales from August 2001 and September 2007 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 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2007 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 281 WIGSTON LANE be worth now?

281 WIGSTON LANE might now be worth an estimated £264,599.

This is based on house price inflation of 82.5%, between September 2007 and December 2024, 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 82.5% inflationary increase is applied to the most recent sale price for 281 WIGSTON LANE of £145,000 on 28th September 2007. For the value to have increased from £145,000 to £264,599 over the sixteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 281 WIGSTON LANE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The September 2007 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 281 WIGSTON LANE has not materially changed since September 2007.

How Large is 281 WIGSTON LANE?

281 WIGSTON LANE is 93m², which includes one extension, according to the EPC inspection conducted in October 2011. 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 281 WIGSTON LANE lies on this distribution: 28% of semi-detached houses houses are smaller than 281 WIGSTON LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Leicester.

281 WIGSTON LANE: Plot and Title Map

281 WIGSTON LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 281 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 281 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 281 WIGSTON LANE?

281 WIGSTON LANE is located in AYLESTONE, in the LE2 postcode district. The below map shows the position of No. 281 on WIGSTON LANE.