16, GLEBE CLOSE, WIGSTON, LE18 3LU - £168,000

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.

16 GLEBE CLOSE is a very small extended terraced house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £190,722. It was last sold for £168,000 in June 2021, which was around 1% above the average June 2021 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

16 GLEBE CLOSE Sold Prices

Land registry data shows six sales for 16 GLEBE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the six 16 GLEBE CLOSE 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
2021 25 JUN	£168,000	£166,920	1% above HPI
2012 4 DEC	£133,500	£109,025	22% above HPI
2007 21 SEP	£145,000	£125,178	16% above HPI
2006 25 AUG	£133,000	£117,740	13% above HPI
2004 5 NOV	£130,000	£105,021	24% above HPI
2000 3 MAR	£55,500	£47,123	18% above HPI

16 GLEBE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The six 16 GLEBE CLOSE sales between March 2000 and June 2021 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 December 2012 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 GLEBE CLOSE be worth now?

16 GLEBE CLOSE might now be worth an estimated £190,722.

This is based on house price inflation of 13.5%, between June 2021 and April 2026, for terraced 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 13.5% inflationary increase is applied to the most recent sale price for 16 GLEBE CLOSE of £168,000 on 25th June 2021. For the value to have increased from £168,000 to £190,722 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 16 GLEBE CLOSE has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The June 2021 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GLEBE CLOSE has not materially changed since June 2021.

How Large is 16 GLEBE CLOSE?

16 GLEBE CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of terraced houses houses in Wigston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wigston, and where 16 GLEBE CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 16 GLEBE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Wigston.

16 GLEBE CLOSE: Plot and Title Map

16 GLEBE CLOSE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 16 GLEBE 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 16 GLEBE 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 16 GLEBE CLOSE?

16 GLEBE CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 16 on GLEBE CLOSE.