5, NEW FOREST CLOSE, WIGSTON, LE18 2RW - £138,000

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.

5 NEW FOREST CLOSE is a very small extended semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £227,157. It was last sold for £138,000 in November 2006, which was around 14% below the average November 2006 semi-detached price in the Oadby and Wigston local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

5 NEW FOREST CLOSE Sold Prices

Land registry data shows two sales for 5 NEW FOREST CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Oadby and Wigston local authority area for the corresponding sale date. Both of the two 5 NEW FOREST CLOSE 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
2006 3 NOV	£138,000	£159,708	14% below HPI
1998 19 JUN	£54,500	£58,796	7% below HPI

5 NEW FOREST CLOSE 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 two 5 NEW FOREST CLOSE sales from June 1998 and November 2006 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 June 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 NEW FOREST CLOSE be worth now?

5 NEW FOREST CLOSE might now be worth an estimated £227,157.

This is based on house price inflation of 64.6%, between November 2006 and May 2026, 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 64.6% inflationary increase is applied to the most recent sale price for 5 NEW FOREST CLOSE of £138,000 on 3rd November 2006. For the value to have increased from £138,000 to £227,157 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 5 NEW FOREST CLOSE has moved in line with the HPI for semi-detached houses in the Oadby and Wigston local authority area.
• The November 2006 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NEW FOREST CLOSE has not materially changed since November 2006.

How Large is 5 NEW FOREST CLOSE?

5 NEW FOREST CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 5 NEW FOREST CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 5 NEW FOREST CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Wigston.

5 NEW FOREST CLOSE: Plot and Title Map

5 NEW FOREST CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 5 NEW FOREST CLOSE, 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 5 NEW FOREST CLOSE). 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 5 NEW FOREST CLOSE?

5 NEW FOREST CLOSE is located in WIGSTON, in the LE18 postcode district. The below map shows the position of No. 5 on NEW FOREST CLOSE.