3, STANHOPE ROAD, WIGSTON, LE18 3SJ - £286,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 STANHOPE ROAD is a small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £344,477. It was last sold for £286,000 in June 2019, which was around 16% below the average June 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

3 STANHOPE ROAD Sold Prices

Land registry data shows two sales for 3 STANHOPE ROAD 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 3 STANHOPE ROAD 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
2019 28 JUN	£286,000	£341,500	16% below HPI
2012 22 JUN	£185,000	£246,625	25% below HPI

3 STANHOPE ROAD 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 3 STANHOPE ROAD sales from June 2012 and June 2019 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 STANHOPE ROAD be worth now?

3 STANHOPE ROAD might now be worth an estimated £344,477.

This is based on house price inflation of 20.4%, between June 2019 and February 2025, 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 20.4% inflationary increase is applied to the most recent sale price for 3 STANHOPE ROAD of £286,000 on 28th June 2019. For the value to have increased from £286,000 to £344,477 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 3 STANHOPE ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The June 2019 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STANHOPE ROAD has not materially changed since June 2019.

How Large is 3 STANHOPE ROAD?

3 STANHOPE ROAD is 89m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 3 STANHOPE ROAD lies on this distribution: 25% of detached houses houses are smaller than 3 STANHOPE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Wigston.

3 STANHOPE ROAD: Plot and Title Map

3 STANHOPE ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 STANHOPE ROAD, 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 3 STANHOPE ROAD). 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 3 STANHOPE ROAD?

3 STANHOPE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 3 on STANHOPE ROAD.