9, MERE ROAD, WIGSTON, LE18 3RJ - £410,000

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

9 MERE ROAD is a midsized detached house of 115m², built sometime between 1976 and 1982. It was last sold for £410,000 in March 2023, which was around 1% below the average March 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

9 MERE ROAD Sold Prices

Land registry data shows two sales for 9 MERE 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 9 MERE 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
2023 31 MAR	£410,000	£416,241	1% below HPI
1996 31 JAN	£95,000	£81,810	16% above HPI

9 MERE 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 9 MERE ROAD sales from January 1996 and March 2023 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 January 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 9 MERE ROAD?

9 MERE ROAD is 115m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 9 MERE ROAD lies on this distribution: 57% of detached houses are smaller than 9 MERE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Wigston.

9 MERE ROAD: Plot and Title Map

9 MERE ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 9 MERE 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 9 MERE 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 9 MERE ROAD?

9 MERE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 9 on MERE ROAD.