57, NEWTON LANE, WIGSTON, LE18 3SF - £130,000

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

57 NEWTON LANE is a very small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £130,000 in March 2013, which was around 45% below the average March 2013 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.

57 NEWTON LANE Sold Prices

Land registry data shows two sales for 57 NEWTON LANE 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 57 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
2013 28 MAR	£130,000	£237,389	45% below HPI
2012 14 AUG	£120,000	£245,437	51% below HPI

57 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 two 57 NEWTON LANE sales from August 2012 and March 2013 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 August 2012 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 2013 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 57 NEWTON LANE?

57 NEWTON LANE is 71m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 57 NEWTON LANE lies on this distribution: 8% of detached houses are smaller than 57 NEWTON LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Wigston.

57 NEWTON LANE: Plot and Title Map

57 NEWTON LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 57 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 57 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 57 NEWTON LANE?

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