56, HOMESTEAD DRIVE, WIGSTON, LE18 2HN - £195,000

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

56 HOMESTEAD DRIVE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £195,000 in March 2011, which was around 21% below the average March 2011 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

56 HOMESTEAD DRIVE Sold Prices

Land registry data shows four sales for 56 HOMESTEAD DRIVE 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. All of the four 56 HOMESTEAD DRIVE 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
2011 16 MAR	£195,000	£246,565	21% below HPI
2002 22 NOV	£137,950	£179,118	23% below HPI
2000 28 APR	£91,750	£116,407	21% below HPI
1998 1 MAY	£74,500	£97,516	24% below HPI

56 HOMESTEAD DRIVE 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 56 HOMESTEAD DRIVE sales between May 1998 and March 2011 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 November 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 56 HOMESTEAD DRIVE?

56 HOMESTEAD DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 56 HOMESTEAD DRIVE lies on this distribution: 36% of detached houses are smaller than 56 HOMESTEAD DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wigston.

56 HOMESTEAD DRIVE: Plot and Title Map

56 HOMESTEAD DRIVE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 56 HOMESTEAD DRIVE, 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 56 HOMESTEAD DRIVE). 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 56 HOMESTEAD DRIVE?

56 HOMESTEAD DRIVE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 56 on HOMESTEAD DRIVE.