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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SOMERFIELD WALK is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £159,500 in January 2006, which was around 21% 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	£201,681	21% below HPI
1998 6 MAR	£48,500	£74,504	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2006 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 SOMERFIELD WALK lies on this distribution: 24% of detached 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.