1, NEW FOREST CLOSE, WIGSTON, LE18 2RW - £260,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 NEW FOREST CLOSE is a very small semi-detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £269,047. It was last sold for £260,000 in August 2023, which was around 2% above the average August 2023 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

1 NEW FOREST CLOSE Sold Prices

Land registry data shows three sales for 1 NEW FOREST CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Two of the three 1 NEW FOREST CLOSE sales were for above the average price, whilst one was 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
2023 11 AUG	£260,000	£254,050	2% above HPI
2007 4 MAY	£167,000	£162,123	3% above HPI
2006 28 JUL	£137,500	£156,598	12% below HPI

1 NEW FOREST CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The three 1 NEW FOREST CLOSE sales between July 2006 and August 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 May 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 NEW FOREST CLOSE be worth now?

1 NEW FOREST CLOSE might now be worth an estimated £269,047.

This is based on house price inflation of 3.5%, between August 2023 and May 2026, for semi-detached houses, in the Oadby and Wigston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 1 NEW FOREST CLOSE of £260,000 on 11th August 2023. For the value to have increased from £260,000 to £269,047 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 1 NEW FOREST CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The August 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEW FOREST CLOSE has not materially changed since August 2023.

How Large is 1 NEW FOREST CLOSE?

1 NEW FOREST CLOSE is 56m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of semi-detached houses houses in Wigston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wigston, and where 1 NEW FOREST CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1 NEW FOREST CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wigston.

1 NEW FOREST CLOSE: Plot and Title Map

1 NEW FOREST CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 1 NEW FOREST CLOSE, 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 1 NEW FOREST CLOSE). 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 1 NEW FOREST CLOSE?

1 NEW FOREST CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 1 on NEW FOREST CLOSE.