48, NEWGATE END, WIGSTON, LE18 2GG - £198,500

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

48 NEWGATE END is a very small semi-detached house of 71m², built sometime between 2003 and 2006. It was last sold for £198,500 in November 2017, which was around 2% below the average November 2017 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

48 NEWGATE END Sold Prices

Land registry data shows three sales for 48 NEWGATE END 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. One of the three 48 NEWGATE END sales was for below the average price, whilst two were for above 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
2017 10 NOV	£198,500	£203,120	2% below HPI
2007 27 JUL	£183,000	£163,831	12% above HPI
2004 16 FEB	£157,000	£133,665	17% above HPI

48 NEWGATE END 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 48 NEWGATE END sales between February 2004 and November 2017 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 July 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 48 NEWGATE END be worth now?

48 NEWGATE END might now be worth an estimated £249,034.

This is based on house price inflation of 25.5%, between November 2017 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 25.5% inflationary increase is applied to the most recent sale price for 48 NEWGATE END of £198,500 on 10th November 2017. For the value to have increased from £198,500 to £249,034 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 48 NEWGATE END has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The November 2017 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 48 NEWGATE END has not materially changed since November 2017.

How Large is 48 NEWGATE END?

48 NEWGATE END is 71m² according to the EPC inspection conducted in March 2011. 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 48 NEWGATE END lies on this distribution: 9% of semi-detached houses houses are smaller than 48 NEWGATE END, and 91% of houses are larger. Note that EPC data is not available for all properties in Wigston.

48 NEWGATE END: Plot and Title Map

48 NEWGATE END sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 48 NEWGATE END, 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 48 NEWGATE END). 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 48 NEWGATE END?

48 NEWGATE END is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 48 on NEWGATE END.