1, SALISBURY AVENUE, EAST LEAKE, LOUGHBOROUGH, LE12 6NJ - £260,000

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.

1 SALISBURY AVENUE is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £316,825. It was last sold for £260,000 in September 2021, which was around 37% below the average September 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

1 SALISBURY AVENUE Sold Prices

Land registry data shows three sales for 1 SALISBURY AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 1 SALISBURY AVENUE 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
2021 27 SEP	£260,000	£410,518	37% below HPI
2012 22 JUN	£168,995	£275,566	39% below HPI
1999 25 JUN	£81,000	£113,393	29% below HPI

1 SALISBURY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 1 SALISBURY AVENUE sales between June 1999 and September 2021 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 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 SALISBURY AVENUE be worth now?

1 SALISBURY AVENUE might now be worth an estimated £316,825.

This is based on house price inflation of 21.9%, between September 2021 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 1 SALISBURY AVENUE of £260,000 on 27th September 2021. For the value to have increased from £260,000 to £316,825 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 SALISBURY AVENUE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The September 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SALISBURY AVENUE has not materially changed since September 2021.

How Large is 1 SALISBURY AVENUE?

1 SALISBURY AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of detached houses houses in East Leake, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Leake, and where 1 SALISBURY AVENUE lies on this distribution: 8% of detached houses houses are smaller than 1 SALISBURY AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in East Leake.

1 SALISBURY AVENUE: Plot and Title Map

1 SALISBURY AVENUE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 1 SALISBURY AVENUE, 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 1 SALISBURY AVENUE). 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 1 SALISBURY AVENUE?

1 SALISBURY AVENUE is located in EAST LEAKE, in the LE12 postcode district. The below map shows the position of No. 1 on SALISBURY AVENUE.