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
7 RINGWOOD CLOSE is a very large extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £370,000 in February 2021, which was around 3% above the average February 2021 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 RINGWOOD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. One of the three 7 RINGWOOD CLOSE sales was for above the average price, whilst two 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 |
---|---|---|---|
2021 12 FEB | £370,000 | £359,270 | 3% above HPI |
2007 6 SEP | £249,950 | £259,923 | 4% below HPI |
2004 27 JAN | £189,000 | £217,264 | 13% below HPI |
The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The three 7 RINGWOOD CLOSE sales between January 2004 and February 2021 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 September 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
7 RINGWOOD CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 7 RINGWOOD CLOSE lies on this distribution: 81% of detached houses are smaller than 7 RINGWOOD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wigston.
7 RINGWOOD CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 7 RINGWOOD CLOSE, 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 7 RINGWOOD CLOSE). 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.
7 RINGWOOD CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 7 on RINGWOOD CLOSE.