63, CLEVELAND ROAD, WIGSTON, LE18 1NF - £258,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

63 CLEVELAND ROAD is a midsized extended detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £376,592. It was last sold for £258,000 in February 2016, which was around 8% below the average February 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

63 CLEVELAND ROAD Sold Prices

Land registry data shows two sales for 63 CLEVELAND 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 63 CLEVELAND ROAD sales was for below the average price, whilst the other was for above 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
2016 4 FEB	£258,000	£281,795	8% below HPI
2004 9 JUL	£242,950	£227,759	7% above HPI

63 CLEVELAND 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 63 CLEVELAND ROAD sales from July 2004 and February 2016 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 July 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 63 CLEVELAND ROAD be worth now?

63 CLEVELAND ROAD might now be worth an estimated £376,592.

This is based on house price inflation of 46%, between February 2016 and February 2025, for detached houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46% inflationary increase is applied to the most recent sale price for 63 CLEVELAND ROAD of £258,000 on 4th February 2016. For the value to have increased from £258,000 to £376,592 over the nine years to February 2025, the following assumptions must hold true:

• The value of 63 CLEVELAND ROAD has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2016 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 63 CLEVELAND ROAD has not materially changed since February 2016.

How Large is 63 CLEVELAND ROAD?

63 CLEVELAND ROAD is 100m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigston, and where 63 CLEVELAND ROAD lies on this distribution: 40% of detached houses houses are smaller than 63 CLEVELAND ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Wigston.

63 CLEVELAND ROAD: Plot and Title Map

63 CLEVELAND ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 63 CLEVELAND 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 63 CLEVELAND 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 63 CLEVELAND ROAD?

63 CLEVELAND ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 63 on CLEVELAND ROAD.