41, WIGSTON ROAD, OADBY, LEICESTER, LE2 5QF - £345,000

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.

41 WIGSTON ROAD is a very small extended detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £372,713. It was last sold for £345,000 in December 2021, which was around 9% below the average December 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

41 WIGSTON ROAD Sold Prices

Land registry data shows four sales for 41 WIGSTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the four 41 WIGSTON 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
2021 22 DEC	£345,000	£380,741	9% below HPI
2010 23 APR	£205,000	£236,227	13% below HPI
2005 21 DEC	£194,950	£236,463	18% below HPI
2000 5 JUL	£80,500	£122,845	34% below HPI

41 WIGSTON 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 four 41 WIGSTON ROAD sales between July 2000 and December 2021 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 April 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 41 WIGSTON ROAD be worth now?

41 WIGSTON ROAD might now be worth an estimated £372,713.

This is based on house price inflation of 8%, between December 2021 and February 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 8% inflationary increase is applied to the most recent sale price for 41 WIGSTON ROAD of £345,000 on 22nd December 2021. For the value to have increased from £345,000 to £372,713 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 41 WIGSTON ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The December 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 41 WIGSTON ROAD has not materially changed since December 2021.

How Large is 41 WIGSTON ROAD?

41 WIGSTON ROAD is 88m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Oadby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oadby, and where 41 WIGSTON ROAD lies on this distribution: 17% of detached houses houses are smaller than 41 WIGSTON ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Oadby.

41 WIGSTON ROAD: Plot and Title Map

41 WIGSTON ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 41 WIGSTON 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 41 WIGSTON 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 41 WIGSTON ROAD?

41 WIGSTON ROAD is located in OADBY, in the LE2 postcode district. The below map shows the position of No. 41 on WIGSTON ROAD.