27, ERVINS LOCK ROAD, WIGSTON, LE18 4NQ - £178,500

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.

27 ERVINS LOCK ROAD is a very small semi-detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £207,453. It was last sold for £178,500 in June 2021, which was around 21% below the average June 2021 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

27 ERVINS LOCK ROAD Sold Prices

Land registry data shows six sales for 27 ERVINS LOCK ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the six 27 ERVINS LOCK 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
2021 24 JUN	£178,500	£224,680	21% below HPI
2018 4 MAY	£157,500	£205,379	23% below HPI
2016 8 APR	£131,000	£180,863	28% below HPI
2007 26 OCT	£124,500	£167,769	26% below HPI
2005 16 DEC	£110,500	£150,389	27% below HPI
1996 12 JAN	£39,950	£49,686	20% below HPI

27 ERVINS LOCK 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 six 27 ERVINS LOCK ROAD sales between January 1996 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 May 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 27 ERVINS LOCK ROAD be worth now?

27 ERVINS LOCK ROAD might now be worth an estimated £207,453.

This is based on house price inflation of 16.2%, between June 2021 and February 2025, 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 16.2% inflationary increase is applied to the most recent sale price for 27 ERVINS LOCK ROAD of £178,500 on 24th June 2021. For the value to have increased from £178,500 to £207,453 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 27 ERVINS LOCK ROAD has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The June 2021 sale price of £178,500 represented a fair market value for the property.
• The size, condition, and specification of 27 ERVINS LOCK ROAD has not materially changed since June 2021.

How Large is 27 ERVINS LOCK ROAD?

27 ERVINS LOCK ROAD is 61m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 27 ERVINS LOCK ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 27 ERVINS LOCK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Wigston.

27 ERVINS LOCK ROAD: Plot and Title Map

27 ERVINS LOCK ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 27 ERVINS LOCK 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 27 ERVINS LOCK 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 27 ERVINS LOCK ROAD?

27 ERVINS LOCK ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 27 on ERVINS LOCK ROAD.