51, NEWTON LANE, WIGSTON, LE18 3SE - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 NEWTON LANE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £235,000 in February 2014, which was around 5% below the average February 2014 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

51 NEWTON LANE Sold Prices

Land registry data shows four sales for 51 NEWTON LANE 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. Most of the four 51 NEWTON 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
2014 28 FEB	£235,000	£246,748	5% below HPI
2009 5 JAN	£142,483	£224,163	36% below HPI
2002 8 FEB	£140,000	£146,105	4% below HPI
2000 18 APR	£117,000	£116,407	1% above HPI

51 NEWTON LANE 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 51 NEWTON LANE sales between April 2000 and February 2014 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 January 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 51 NEWTON LANE?

51 NEWTON LANE is 122m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 51 NEWTON LANE lies on this distribution: 65% of detached houses are smaller than 51 NEWTON LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Wigston.

51 NEWTON LANE: Plot and Title Map

51 NEWTON LANE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 51 NEWTON 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 51 NEWTON 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 51 NEWTON LANE?

51 NEWTON LANE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 51 on NEWTON LANE.