54, GRASMERE ROAD, WIGSTON, LE18 3RG - £325,000

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

54 GRASMERE ROAD is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £325,000 in March 2019, which was around 3% below the average March 2019 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was C.

54 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 54 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 54 GRASMERE 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
2019 15 MAR	£325,000	£336,292	3% below HPI
2003 16 MAY	£180,000	£197,767	9% below HPI

54 GRASMERE 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 two 54 GRASMERE ROAD sales from May 2003 and March 2019 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 May 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 54 GRASMERE ROAD?

54 GRASMERE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in December 2018. 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 54 GRASMERE ROAD lies on this distribution: 62% of detached houses are smaller than 54 GRASMERE ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Wigston.

54 GRASMERE ROAD: Plot and Title Map

54 GRASMERE ROAD sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 54 GRASMERE 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 54 GRASMERE 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 54 GRASMERE ROAD?

54 GRASMERE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 54 on GRASMERE ROAD.