According to the public record, 52, Spa Lane, Wigston is a mid-century house with 818 ft2 of internal area and sits on a 564 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spa Lane, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
52, Spa Lane, Wigston has no records in the Land Registry database and a single entry in the EPC database dated May 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 52 Spa Lane Wigston as £247,613 and the rental value as £1,095 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 52 Spa Lane Wigston has increased by £4,618 (1.9%) and its rental value has increased by £31 per month (2.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 52, Spa Lane, Wigston is in very good condition we estimate a sale value of £259,993 and rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,280 and a rental value of £1,018 per month.
If you were able to purchase this property for the estimated value of £247,613, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,217 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 52, Spa Lane, Wigston sits on a plot of 564m2.
We have plot size data on 23 out of 39 other houses in the postcode and 52, Spa Lane, Wigston sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Spa Lane, Wigston within a radius of 540 metres over the last 2 years.
The most recent example is 29, Linford Close, Wigston, LE18 3PZ, a Freehold house which sold for £242,000 in Jul 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Lane, Wigston, LE18 has a total of 43 addresses. According to our analysis of all the public data, 52, Spa Lane, Wigston is the 24th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in LE18.
52, Spa Lane, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 52, Spa Lane, Wigston is South Wigston station which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 52, Spa Lane, Wigston, 47.7% of property is privately owned outright and 24.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 52, Spa Lane, Wigston, 13.6% of residents are recorded as possessing school level qualifications and 28.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 52, Spa Lane, Wigston, the average age was 41.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 52, Spa Lane, Wigston, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 52, Spa Lane, Wigston, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.