40, FORRYANS CLOSE, WIGSTON, LE18 3LL - £127,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 FORRYANS CLOSE is a very small semi-detached house of 68m², built sometime between 1983 and 1990. It was last sold for £127,500 in July 2011, which was around 16% below the average July 2011 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

40 FORRYANS CLOSE Sold Prices

Land registry data shows four sales for 40 FORRYANS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 40 FORRYANS 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
2011 8 JUL	£127,500	£151,666	16% below HPI
2000 10 OCT	£43,125	£72,142	40% below HPI
1998 6 JAN	£53,000	£57,855	8% below HPI
1996 4 APR	£46,500	£51,939	10% below HPI

40 FORRYANS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The four 40 FORRYANS CLOSE sales between April 1996 and July 2011 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 October 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 40 FORRYANS CLOSE be worth now?

40 FORRYANS CLOSE might now be worth an estimated £214,226.

This is based on house price inflation of 68%, between July 2011 and December 2024, for semi-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 68% inflationary increase is applied to the most recent sale price for 40 FORRYANS CLOSE of £127,500 on 8th July 2011. For the value to have increased from £127,500 to £214,226 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 40 FORRYANS CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The July 2011 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 40 FORRYANS CLOSE has not materially changed since July 2011.

How Large is 40 FORRYANS CLOSE?

40 FORRYANS CLOSE is 68m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses houses in Wigston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wigston, and where 40 FORRYANS CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 40 FORRYANS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wigston.

40 FORRYANS CLOSE: Plot and Title Map

40 FORRYANS CLOSE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 40 FORRYANS 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 40 FORRYANS 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 40 FORRYANS CLOSE?

40 FORRYANS CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 40 on FORRYANS CLOSE.