112, WELFORD ROAD, WIGSTON, LE18 3SN - £280,000

112 WELFORD ROAD is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £280,000 in June 2023, which was around 33% below the average June 2023 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

112 WELFORD ROAD Sold Prices

Land registry data shows three sales for 112 WELFORD ROAD since 1^st 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 112 WELFORD 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
2023 23 JUN	£280,000	£416,050	33% below HPI
2021 11 JUN	£247,000	£353,989	30% below HPI
2015 23 NOV	£151,500	£275,158	45% below HPI

112 WELFORD 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 three 112 WELFORD ROAD sales between November 2015 and June 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 June 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 112 WELFORD ROAD?

112 WELFORD ROAD is 79m² according to the EPC inspection conducted in June 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 112 WELFORD ROAD lies on this distribution: 15% of detached houses are smaller than 112 WELFORD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Wigston.

112 WELFORD ROAD: Plot and Title Map

112 WELFORD ROAD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 112 WELFORD 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 112 WELFORD 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 112 WELFORD ROAD?

112 WELFORD ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 112 on WELFORD ROAD.