40, STANHOPE ROAD, WIGSTON, LE18 3SJ - £350,000

40 STANHOPE ROAD is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2022, which was around 15% below the average August 2022 detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

40 STANHOPE ROAD Sold Prices

Land registry data shows two sales for 40 STANHOPE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 40 STANHOPE 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
2022 31 AUG	£350,000	£412,580	15% below HPI
1998 3 APR	£79,000	£96,820	18% below HPI

40 STANHOPE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oadby and Wigston local authority area over time, sourced from the HPI. The two 40 STANHOPE ROAD sales from April 1998 and August 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 April 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 40 STANHOPE ROAD?

40 STANHOPE ROAD is 89m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 40 STANHOPE ROAD lies on this distribution: 26% of detached houses are smaller than 40 STANHOPE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Wigston.

40 STANHOPE ROAD: Plot and Title Map

40 STANHOPE ROAD sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 40 STANHOPE 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 40 STANHOPE 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 40 STANHOPE ROAD?

40 STANHOPE ROAD is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 40 on STANHOPE ROAD.