1, SOMERFIELD WALK, LEICESTER, LE4 0QQ - £159,500

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 SOMERFIELD WALK is a small extended detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £314,070. It was last sold for £159,500 in January 2006, which was around 19% below the average January 2006 detached price in the Leicester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

1 SOMERFIELD WALK Sold Prices

Land registry data shows two sales for 1 SOMERFIELD WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 1 SOMERFIELD WALK 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 19 JAN	£159,500	£196,067	19% below HPI
1998 6 MAR	£48,500	£72,430	33% below HPI

1 SOMERFIELD WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 1 SOMERFIELD WALK sales from March 1998 and January 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 March 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2006 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 SOMERFIELD WALK be worth now?

1 SOMERFIELD WALK might now be worth an estimated £314,070.

This is based on house price inflation of 96.9%, between January 2006 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 96.9% inflationary increase is applied to the most recent sale price for 1 SOMERFIELD WALK of £159,500 on 19th January 2006. For the value to have increased from £159,500 to £314,070 over the eighteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 SOMERFIELD WALK has moved in line with the HPI for detached houses in the Leicester local authority area.
• The January 2006 sale price of £159,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SOMERFIELD WALK has not materially changed since January 2006.

How Large is 1 SOMERFIELD WALK?

1 SOMERFIELD WALK is 90m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 1 SOMERFIELD WALK lies on this distribution: 23% of detached houses houses are smaller than 1 SOMERFIELD WALK, and 75% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 SOMERFIELD WALK: Plot and Title Map

1 SOMERFIELD WALK sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 SOMERFIELD WALK, 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 SOMERFIELD WALK). 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 SOMERFIELD WALK?

1 SOMERFIELD WALK is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 1 on SOMERFIELD WALK.