91, MERE ROAD, WIGSTON, LE18 3RN - £225,000

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

91 MERE ROAD is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £225,000 in April 2015, which was around 15% below the average April 2015 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

91 MERE ROAD Sold Prices

Land registry data shows two sales for 91 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. Both of the two 91 MERE 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
2015 10 APR	£225,000	£265,498	15% below HPI
2008 31 JAN	£191,500	£254,583	25% below HPI

91 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 91 MERE ROAD sales from January 2008 and April 2015 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 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 91 MERE ROAD?

91 MERE ROAD is 105m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 91 MERE ROAD lies on this distribution: 47% of detached houses are smaller than 91 MERE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Wigston.

91 MERE ROAD: Plot and Title Map

91 MERE ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 91 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 91 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 91 MERE ROAD?

91 MERE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 91 on MERE ROAD.