5, RAILWAY STREET, WIGSTON, LE18 4QE - £161,000

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.

5 RAILWAY STREET is a very small terraced house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £181,284. It was last sold for £161,000 in June 2021, which was around 4% below the average June 2021 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 RAILWAY STREET Sold Prices

Land registry data shows three sales for 5 RAILWAY STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 5 RAILWAY STREET 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 28 JUN	£161,000	£166,920	4% below HPI
2017 28 APR	£128,000	£136,685	6% below HPI
2003 14 NOV	£80,000	£90,059	11% below HPI

5 RAILWAY STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The three 5 RAILWAY STREET sales between November 2003 and June 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 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 RAILWAY STREET be worth now?

5 RAILWAY STREET might now be worth an estimated £181,284.

This is based on house price inflation of 12.6%, between June 2021 and July 2025, for terraced 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 12.6% inflationary increase is applied to the most recent sale price for 5 RAILWAY STREET of £161,000 on 28th June 2021. For the value to have increased from £161,000 to £181,284 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 5 RAILWAY STREET has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The June 2021 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAILWAY STREET has not materially changed since June 2021.

How Large is 5 RAILWAY STREET?

5 RAILWAY STREET is 65m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Wigston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wigston, and where 5 RAILWAY STREET lies on this distribution: 5% of terraced houses houses are smaller than 5 RAILWAY STREET, and 95% of houses are larger. Note that EPC data is not available for all properties in Wigston.

5 RAILWAY STREET: Plot and Title Map

5 RAILWAY STREET sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 5 RAILWAY STREET, 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 5 RAILWAY STREET). 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 5 RAILWAY STREET?

5 RAILWAY STREET is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 5 on RAILWAY STREET.