3, WEIR CLOSE, WIGSTON, LE18 4NG - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 WEIR CLOSE is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £195,000 in March 2016, which was around 31% below the average March 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 WEIR CLOSE Sold Prices

Land registry data shows three sales for 3 WEIR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 3 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 31 MAR	£195,000	£282,588	31% below HPI
2008 28 NOV	£157,500	£227,183	31% below HPI
2003 1 SEP	£158,995	£208,669	24% below HPI

3 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 three 3 WEIR CLOSE sales between September 2003 and March 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 November 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2016 sale, which was also at 31% below the HPI.

How Large is 3 WEIR CLOSE?

3 WEIR CLOSE is 120m² according to the EPC inspection conducted in June 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 3 WEIR CLOSE lies on this distribution: 63% of detached houses are smaller than 3 WEIR CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wigston.

3 WEIR CLOSE: Plot and Title Map

3 WEIR CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 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 3 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 3 WEIR CLOSE?

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