1, WELLSIC LANE, ROTHLEY, LEICESTER, LE7 7QB - £395,000

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 WELLSIC LANE is a very large extended detached house of 216m², built sometime between 1983 and 1990, which could now be worth an estimated £659,145. It was last sold for £395,000 in February 2014, which was around 58% above the average February 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

1 WELLSIC LANE Sold Prices

Land registry data shows two sales for 1 WELLSIC LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 1 WELLSIC LANE sales were for above 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
2014 26 FEB	£395,000	£249,425	58% above HPI
1995 15 MAY	£185,000	£79,340	133% above HPI

1 WELLSIC LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 1 WELLSIC LANE sales from May 1995 and February 2014 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 May 1995 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the February 2014 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 1 WELLSIC LANE be worth now?

1 WELLSIC LANE might now be worth an estimated £659,145.

This is based on house price inflation of 66.9%, between February 2014 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 66.9% inflationary increase is applied to the most recent sale price for 1 WELLSIC LANE of £395,000 on 26th February 2014. For the value to have increased from £395,000 to £659,145 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 1 WELLSIC LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2014 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WELLSIC LANE has not materially changed since February 2014.

How Large is 1 WELLSIC LANE?

1 WELLSIC LANE is 216m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 1 WELLSIC LANE lies on this distribution: 89% of detached houses houses are smaller than 1 WELLSIC LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Rothley.

1 WELLSIC LANE: Plot and Title Map

1 WELLSIC LANE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 1 WELLSIC LANE, 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 WELLSIC LANE). 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 WELLSIC LANE?

1 WELLSIC LANE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 1 on WELLSIC LANE.