42, NEWGATE END, WIGSTON, LE18 2GG - £246,000

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.

42 NEWGATE END is a very small terraced house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £246,715. It was last sold for £246,000 in June 2023, which was around 31% above the average June 2023 terraced price in the Oadby and Wigston local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

42 NEWGATE END Sold Prices

Land registry data shows three sales for 42 NEWGATE END since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Oadby and Wigston local authority area for the corresponding sale date. All of the three 42 NEWGATE END 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
2023 16 JUN	£246,000	£187,084	31% above HPI
2020 20 NOV	£203,000	£162,750	25% above HPI
2003 18 JUL	£125,950	£80,675	56% above HPI

42 NEWGATE END 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 three 42 NEWGATE END sales between July 2003 and June 2023 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 2020 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 42 NEWGATE END be worth now?

42 NEWGATE END might now be worth an estimated £246,715.

This is based on house price inflation of 0.3%, between June 2023 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 0.3% inflationary increase is applied to the most recent sale price for 42 NEWGATE END of £246,000 on 16th June 2023. For the value to have increased from £246,000 to £246,715 over the two years to June 2025, the following assumptions must hold true:

• The value of 42 NEWGATE END has moved in line with the HPI for terraced houses in the Oadby and Wigston local authority area.
• The June 2023 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 42 NEWGATE END has not materially changed since June 2023.

How Large is 42 NEWGATE END?

42 NEWGATE END is 72m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% 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 42 NEWGATE END lies on this distribution: 9% of terraced houses houses are smaller than 42 NEWGATE END, and 90% of houses are larger. Note that EPC data is not available for all properties in Wigston.

42 NEWGATE END: Plot and Title Map

42 NEWGATE END sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 42 NEWGATE END, 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 42 NEWGATE END). 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 42 NEWGATE END?

42 NEWGATE END is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 42 on NEWGATE END.