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
52 STANHOPE ROAD is a very large extended property of 162m², built sometime between 1983 and 1990. It was last sold for £545,000 in November 2023, which was around 35% above the average November 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 52 STANHOPE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. One of the three 52 STANHOPE ROAD sales was for above the average price, whilst two 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 |
---|---|---|---|
2023 24 NOV | £545,000 | £404,843 | 35% above HPI |
2012 16 MAR | £235,000 | £238,980 | 2% below HPI |
2007 6 AUG | £249,000 | £258,645 | 4% below HPI |
The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The three 52 STANHOPE ROAD sales between August 2007 and November 2023 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 March 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
52 STANHOPE ROAD is 162m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 52 STANHOPE ROAD lies on this distribution: 91% of detached houses are smaller than 52 STANHOPE ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Wigston.
52 STANHOPE ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 52 STANHOPE 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 52 STANHOPE 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.
52 STANHOPE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 52 on STANHOPE ROAD.