28, HORSEWELL LANE, WIGSTON, LE18 2HQ - £228,000

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.

28 HORSEWELL LANE is a very small semi-detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £224,862. It was last sold for £228,000 in October 2022, which was around 14% below the average October 2022 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

28 HORSEWELL LANE Sold Prices

Land registry data shows five sales for 28 HORSEWELL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the five 28 HORSEWELL LANE 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
2022 7 OCT	£228,000	£264,767	14% below HPI
2020 17 JAN	£165,000	£218,553	25% below HPI
2015 27 MAR	£134,000	£167,895	20% below HPI
2013 1 MAY	£124,950	£146,006	14% below HPI
2007 14 DEC	£110,000	£167,639	34% below HPI

28 HORSEWELL LANE 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 five 28 HORSEWELL LANE sales between December 2007 and October 2022 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 January 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 28 HORSEWELL LANE be worth now?

28 HORSEWELL LANE might now be worth an estimated £224,862.

This is based on house price deflation of 1.4%, between October 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 28 HORSEWELL LANE of £228,000 on 7th October 2022. For the value to have decreased from £228,000 to £224,862 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 HORSEWELL LANE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The October 2022 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 28 HORSEWELL LANE has not materially changed since October 2022.

How Large is 28 HORSEWELL LANE?

28 HORSEWELL LANE is 75m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 28 HORSEWELL LANE lies on this distribution: 11% of semi-detached houses houses are smaller than 28 HORSEWELL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Wigston.

28 HORSEWELL LANE: Plot and Title Map

28 HORSEWELL LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 28 HORSEWELL LANE, 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 28 HORSEWELL LANE). 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 28 HORSEWELL LANE?

28 HORSEWELL LANE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 28 on HORSEWELL LANE.