3, WELLHOUSE CLOSE, WIGSTON, LE18 2RQ - £260,000

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 WELLHOUSE CLOSE is a midsized extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £311,684. It was last sold for £260,000 in March 2020, which was around 27% below the average March 2020 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

3 WELLHOUSE CLOSE Sold Prices

Land registry data shows two sales for 3 WELLHOUSE CLOSE 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 WELLHOUSE 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
2020 13 MAR	£260,000	£355,521	27% below HPI
2012 15 JUN	£160,000	£246,625	35% below HPI

3 WELLHOUSE 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 two 3 WELLHOUSE CLOSE sales from June 2012 and March 2020 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3 WELLHOUSE CLOSE be worth now?

3 WELLHOUSE CLOSE might now be worth an estimated £311,684.

This is based on house price inflation of 19.9%, between March 2020 and March 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 19.9% inflationary increase is applied to the most recent sale price for 3 WELLHOUSE CLOSE of £260,000 on 13th March 2020. For the value to have increased from £260,000 to £311,684 over the five years to March 2025, the following assumptions must hold true:

• The value of 3 WELLHOUSE CLOSE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The March 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLHOUSE CLOSE has not materially changed since March 2020.

How Large is 3 WELLHOUSE CLOSE?

3 WELLHOUSE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% 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 WELLHOUSE CLOSE lies on this distribution: 46% of detached houses houses are smaller than 3 WELLHOUSE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wigston.

3 WELLHOUSE CLOSE: Plot and Title Map

3 WELLHOUSE CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 WELLHOUSE 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 WELLHOUSE 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 WELLHOUSE CLOSE?

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