8, ERVINS LOCK ROAD, WIGSTON, LE18 4NQ - £137,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 ERVINS LOCK ROAD is a small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £137,950 in October 2004, which was around 41% below the average October 2004 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

8 ERVINS LOCK ROAD Sold Prices

Land registry data shows three sales for 8 ERVINS LOCK ROAD since 1^st 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. All of the three 8 ERVINS LOCK ROAD 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
2004 8 OCT	£137,950	£235,029	41% below HPI
2002 28 AUG	£85,000	£166,750	49% below HPI
1999 19 FEB	£54,500	£100,503	46% below HPI

8 ERVINS LOCK 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 three 8 ERVINS LOCK ROAD sales between February 1999 and October 2004 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 2002 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2004 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 ERVINS LOCK ROAD?

8 ERVINS LOCK ROAD is 85m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 8 ERVINS LOCK ROAD lies on this distribution: 21% of detached houses are smaller than 8 ERVINS LOCK ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Wigston.

8 ERVINS LOCK ROAD: Plot and Title Map

8 ERVINS LOCK ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 ERVINS LOCK 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 8 ERVINS LOCK 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 8 ERVINS LOCK ROAD?

8 ERVINS LOCK ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 8 on ERVINS LOCK ROAD.