40, SPA LANE, WIGSTON, LE18 3QD - £243,000

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.

40 SPA LANE is a very small extended semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £235,483. It was last sold for £243,000 in November 2024, which was around 8% below the average November 2024 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

40 SPA LANE Sold Prices

Land registry data shows three sales for 40 SPA LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 40 SPA LANE 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
2024 22 NOV	£243,000	£265,311	8% below HPI
2006 5 MAY	£134,950	£152,044	11% below HPI
2000 28 APR	£60,000	£68,820	13% below HPI

40 SPA LANE 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 three 40 SPA LANE sales between April 2000 and November 2024 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 May 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 40 SPA LANE be worth now?

40 SPA LANE might now be worth an estimated £235,483.

This is based on house price deflation of 3.1%, between November 2024 and July 2025, 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 3.1% deflationary decrease is applied to the most recent sale price for 40 SPA LANE of £243,000 on 22nd November 2024. For the value to have decreased from £243,000 to £235,483 over the one year and four months to July 2025, the following assumptions must hold true:

• The value of 40 SPA LANE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The November 2024 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SPA LANE has not materially changed since November 2024.

How Large is 40 SPA LANE?

40 SPA LANE is 77m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 SPA LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 40 SPA LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wigston.

40 SPA LANE: Plot and Title Map

40 SPA LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 40 SPA LANE, 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 SPA LANE). 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 SPA LANE?

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