Flat 18, Launceston House Launceston Road, Wigston, LE18 2GL is a leasehold flat built between 1967-1975. The property offers approximately 721 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £88,216 , which equates to approximately £122 per square foot. It was last sold on 11 Aug 2017 for £77,500. Since then, the value has increased by £10,716, representing a 13.8% increase, or approximately 1.7% per year.

The current estimated value of £88,216 is:

  • 32.1% lower than the average property price on Launceston Road
  • 61.4% lower than the average in the LE18 2GL postcode area
  • and 65.3% lower than the average price for Wigston as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 15 October 2024, the property was recorded as owner-occupied.

View sold house prices in LE18 2GL

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£88,216
Price Per sq ft (estimate)
£122
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 18, Launceston House Launceston Road, Wigston, Oadby And Wigston, Leicestershire, LE18 2GL has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 15 Oct 2024.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Feb 2017, when the property was rated G. Since then, the rating has improved to F, with the energy efficiency score increasing by 112.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation (assumed), with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 11% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE18 2GL

7 th / 13
Price Rank
61% lower than average
4 th / 8
Size Rank
54% smaller than average
6 th / 8
Price Per Sq FT Rank
15% lower than average

Compared to other properties in LE18 2GL , this flat's estimated value ranks 7th out of 13. Based on price per square foot, it ranks 6th out of 8 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 8 properties in its postcode area.

Sale History

Today
£88,216
streetscan.co.uk estimate
+14 %
11 Aug 2017
£77,500
Leasehold
-0.6 %
28 Nov 2005
£78,000
Leasehold
+69.7 %
9 Aug 2002
£45,950
Leasehold
+45.9 %
28 Jul 2000
£31,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £125,000
sale date: 27 Aug 2024
rooms: 3
size: 721 sq ft
sale price: £110,000
sale date: 3 May 2024
rooms: 3
size: 764 sq ft
sale price: £73,000
sale date: 31 Aug 2018
rooms: 3
size: 710 sq ft
sale price: £72,500
sale date: 27 Sep 2013
rooms: 3
size: 700 sq ft
sale price: £67,000
sale date: 7 Dec 2012

Data Sources

The property at Flat 18, Launceston House Launceston Road, Wigston, LE18 2GL appears four times in the Land Registry records, with the latest transaction recorded on 11 Aug 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Oct 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.