71, CLEVELAND ROAD, WIGSTON, LE18 1NF - £265,000

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

71 CLEVELAND ROAD is a very large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £265,000 in January 2016, which was around 2% below the average January 2016 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

71 CLEVELAND ROAD Sold Prices

Land registry data shows two sales for 71 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 71 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 27 JAN	£265,000	£271,514	2% below HPI
2004 2 JUL	£262,950	£225,110	17% above HPI

71 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 71 CLEVELAND ROAD sales from July 2004 and January 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 71 CLEVELAND ROAD?

71 CLEVELAND ROAD is 146m² according to the EPC inspection conducted in February 2013. 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 71 CLEVELAND ROAD lies on this distribution: 85% of detached houses are smaller than 71 CLEVELAND ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Wigston.

71 CLEVELAND ROAD: Plot and Title Map

71 CLEVELAND ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 71 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 71 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 71 CLEVELAND ROAD?

71 CLEVELAND ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 71 on CLEVELAND ROAD.