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 PEMBROKE AVENUE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £347,000 in March 2022, which was around 12% below the average March 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 PEMBROKE AVENUE 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. All of the three 8 PEMBROKE AVENUE 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 |
---|---|---|---|
2022 18 MAR | £347,000 | £393,134 | 12% below HPI |
2000 28 JUL | £110,000 | £121,416 | 9% below HPI |
1997 24 JAN | £78,000 | £87,284 | 11% 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 8 PEMBROKE AVENUE sales between January 1997 and March 2022 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 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
8 PEMBROKE AVENUE is 77m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 8 PEMBROKE AVENUE lies on this distribution: 12% of detached houses are smaller than 8 PEMBROKE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wigston.
8 PEMBROKE AVENUE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 8 PEMBROKE AVENUE, 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 PEMBROKE AVENUE). 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.
8 PEMBROKE AVENUE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 8 on PEMBROKE AVENUE.