147, MERE ROAD, WIGSTON, LE18 3RN - £237,500

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.

147 MERE ROAD is a large extended semi-detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £379,462. It was last sold for £237,500 in October 2014, which was around 44% above the average October 2014 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

147 MERE ROAD Sold Prices

Land registry data shows two sales for 147 MERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 147 MERE ROAD sales were 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
2014 16 OCT	£237,500	£164,539	44% above HPI
2010 25 JUN	£185,000	£147,344	26% above HPI

147 MERE ROAD 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 two 147 MERE ROAD sales from June 2010 and October 2014 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 2010 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2014 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 147 MERE ROAD be worth now?

147 MERE ROAD might now be worth an estimated £379,462.

This is based on house price inflation of 59.8%, between October 2014 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 59.8% inflationary increase is applied to the most recent sale price for 147 MERE ROAD of £237,500 on 16th October 2014. For the value to have increased from £237,500 to £379,462 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 147 MERE ROAD has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The October 2014 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 147 MERE ROAD has not materially changed since October 2014.

How Large is 147 MERE ROAD?

147 MERE ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 30% 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 147 MERE ROAD lies on this distribution: 73% of semi-detached houses houses are smaller than 147 MERE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Wigston.

147 MERE ROAD: Plot and Title Map

147 MERE ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 147 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 147 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 147 MERE ROAD?

147 MERE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 147 on MERE ROAD.