57, MERE ROAD, WIGSTON, LE18 3RN - £282,500

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

57 MERE ROAD is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £282,500 in July 2012, which was around 14% above the average July 2012 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

57 MERE ROAD Sold Prices

Land registry data shows two sales for 57 MERE 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. One of the two 57 MERE ROAD sales was for above the average price, whilst the other was 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
2012 19 JUL	£282,500	£247,680	14% above HPI
1997 2 MAY	£90,000	£91,394	2% below HPI

57 MERE 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 57 MERE ROAD sales from May 1997 and July 2012 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 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2012 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 57 MERE ROAD?

57 MERE ROAD is 131m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 57 MERE ROAD lies on this distribution: 75% of detached houses are smaller than 57 MERE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Wigston.

57 MERE ROAD: Plot and Title Map

57 MERE ROAD sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 57 MERE 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 57 MERE 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 57 MERE ROAD?

57 MERE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 57 on MERE ROAD.