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

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

3 STANHOPE ROAD is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £286,000 in June 2019, which was around 15% 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	£337,527	15% below HPI
2012 22 JUN	£185,000	£243,755	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 3 STANHOPE ROAD lies on this distribution: 26% of detached 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.