Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
29 GEORGEHAM CLOSE is a midsized extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £345,000 in November 2021, which was around 8% below the average November 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 29 GEORGEHAM CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 29 GEORGEHAM 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 |
---|---|---|---|
2021 30 NOV | £345,000 | £375,710 | 8% below HPI |
2016 5 FEB | £220,000 | £278,517 | 21% below HPI |
2015 30 OCT | £227,000 | £274,740 | 17% below HPI |
2014 21 JUL | £215,000 | £256,686 | 16% below HPI |
The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The four 29 GEORGEHAM CLOSE sales between July 2014 and November 2021 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
29 GEORGEHAM CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 29 GEORGEHAM CLOSE lies on this distribution: 59% of detached houses are smaller than 29 GEORGEHAM CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Wigston.
29 GEORGEHAM CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 29 GEORGEHAM 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 29 GEORGEHAM 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.
29 GEORGEHAM CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 29 on GEORGEHAM CLOSE.