28, PARK ROAD, WIGSTON, LE18 4QD - £123,500

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.

28 PARK ROAD is a very small semi-detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £176,685. It was last sold for £123,500 in November 2016, which was around 32% below the average November 2016 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

28 PARK ROAD Sold Prices

Land registry data shows three sales for 28 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 28 PARK 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
2016 11 NOV	£123,500	£182,521	32% below HPI
2006 26 MAY	£106,000	£152,044	30% below HPI
1999 17 DEC	£42,000	£64,498	35% below HPI

28 PARK 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 three 28 PARK ROAD sales between December 1999 and November 2016 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 28 PARK ROAD be worth now?

28 PARK ROAD might now be worth an estimated £176,685.

This is based on house price inflation of 43.1%, between November 2016 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 43.1% inflationary increase is applied to the most recent sale price for 28 PARK ROAD of £123,500 on 11th November 2016. For the value to have increased from £123,500 to £176,685 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 PARK ROAD has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The November 2016 sale price of £123,500 represented a fair market value for the property.
• The size, condition, and specification of 28 PARK ROAD has not materially changed since November 2016.

How Large is 28 PARK ROAD?

28 PARK ROAD is 49m² according to the EPC inspection conducted in November 2012. 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 28 PARK ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 28 PARK ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wigston.

28 PARK ROAD: Plot and Title Map

28 PARK ROAD sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 28 PARK 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 28 PARK 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 28 PARK ROAD?

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