36, HERRICK WAY, WIGSTON, LE18 3LR - £225,000

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.

36 HERRICK WAY is a midsized extended terraced house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £252,913. It was last sold for £225,000 in June 2021, which was around 35% above the average June 2021 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

36 HERRICK WAY Sold Prices

Land registry data shows six sales for 36 HERRICK WAY 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 36 HERRICK WAY 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 11 JUN	£225,000	£166,920	35% above HPI
2005 10 NOV	£125,950	£109,729	15% above HPI
2000 1 DEC	£64,000	£49,750	29% above HPI
2000 8 SEP	£59,950	£48,610	23% above HPI
1997 6 NOV	£51,500	£42,058	22% above HPI
1995 13 APR	£49,400	£35,824	38% above HPI

36 HERRICK WAY 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 36 HERRICK WAY sales between April 1995 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 November 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 36 HERRICK WAY be worth now?

36 HERRICK WAY might now be worth an estimated £252,913.

This is based on house price inflation of 12.4%, between June 2021 and June 2025, 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 12.4% inflationary increase is applied to the most recent sale price for 36 HERRICK WAY of £225,000 on 11th June 2021. For the value to have increased from £225,000 to £252,913 over the four years to June 2025, the following assumptions must hold true:

• The value of 36 HERRICK WAY has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The June 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 36 HERRICK WAY has not materially changed since June 2021.

How Large is 36 HERRICK WAY?

36 HERRICK WAY is 103m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% 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 36 HERRICK WAY lies on this distribution: 44% of terraced houses houses are smaller than 36 HERRICK WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Wigston.

36 HERRICK WAY: Plot and Title Map

36 HERRICK WAY sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 36 HERRICK WAY, 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 36 HERRICK WAY). 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 36 HERRICK WAY?

36 HERRICK WAY is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 36 on HERRICK WAY.