1, PENNEY CLOSE, WIGSTON, LE18 1AL - £282,000

1 PENNEY CLOSE is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £282,000 in January 2022, which was around 27% below the average January 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

1 PENNEY CLOSE Sold Prices

Land registry data shows two sales for 1 PENNEY CLOSE 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 1 PENNEY CLOSE 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 7 JAN	£282,000	£384,452	27% below HPI
2003 14 APR	£143,000	£198,209	28% below HPI

1 PENNEY CLOSE 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 1 PENNEY CLOSE sales from April 2003 and January 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 April 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 PENNEY CLOSE?

1 PENNEY CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 1 PENNEY CLOSE lies on this distribution: 46% of detached houses are smaller than 1 PENNEY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wigston.

1 PENNEY CLOSE: Plot and Title Map

1 PENNEY CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 1 PENNEY 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 PENNEY 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 PENNEY CLOSE?

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