15, CHESHIRE DRIVE, WIGSTON, LE18 4WA - £290,000

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.

15 CHESHIRE DRIVE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £295,811. It was last sold for £290,000 in February 2024, which was around 28% below the average February 2024 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

15 CHESHIRE DRIVE Sold Prices

Land registry data shows three sales for 15 CHESHIRE DRIVE 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 15 CHESHIRE DRIVE 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
2024 29 FEB	£290,000	£403,245	28% below HPI
2010 8 OCT	£175,500	£246,010	29% below HPI
2004 20 FEB	£120,000	£217,376	45% below HPI

15 CHESHIRE DRIVE 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 15 CHESHIRE DRIVE sales between February 2004 and February 2024 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 October 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 CHESHIRE DRIVE be worth now?

15 CHESHIRE DRIVE might now be worth an estimated £295,811.

This is based on house price inflation of 2%, between February 2024 and February 2025, for 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 2% inflationary increase is applied to the most recent sale price for 15 CHESHIRE DRIVE of £290,000 on 29th February 2024. For the value to have increased from £290,000 to £295,811 over the one year to February 2025, the following assumptions must hold true:

• The value of 15 CHESHIRE DRIVE has moved in line with the HPI for detached houses in the Oadby and Wigston local authority area.
• The February 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESHIRE DRIVE has not materially changed since February 2024.

How Large is 15 CHESHIRE DRIVE?

15 CHESHIRE DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigston, and where 15 CHESHIRE DRIVE lies on this distribution: 18% of detached houses houses are smaller than 15 CHESHIRE DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Wigston.

15 CHESHIRE DRIVE: Plot and Title Map

15 CHESHIRE DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 15 CHESHIRE DRIVE, 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 15 CHESHIRE DRIVE). 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 15 CHESHIRE DRIVE?

15 CHESHIRE DRIVE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 15 on CHESHIRE DRIVE.