10, NEW WAY ROAD, LEICESTER, LE5 5UA - £218,000

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.

10 NEW WAY ROAD is a midsized detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £430,692. It was last sold for £218,000 in May 2012, which was around 12% above the average May 2012 detached price in the Leicester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

10 NEW WAY ROAD Sold Prices

Land registry data shows three sales for 10 NEW WAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 10 NEW WAY ROAD 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
2012 4 MAY	£218,000	£195,416	12% above HPI
2005 2 AUG	£218,000	£198,444	10% above HPI
2000 21 JAN	£102,000	£81,721	25% above HPI

10 NEW WAY ROAD 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 three 10 NEW WAY ROAD sales between January 2000 and May 2012 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 August 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 10 NEW WAY ROAD be worth now?

10 NEW WAY ROAD might now be worth an estimated £430,692.

This is based on house price inflation of 97.6%, between May 2012 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 97.6% inflationary increase is applied to the most recent sale price for 10 NEW WAY ROAD of £218,000 on 4th May 2012. For the value to have increased from £218,000 to £430,692 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 10 NEW WAY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2012 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 10 NEW WAY ROAD has not materially changed since May 2012.

How Large is 10 NEW WAY ROAD?

10 NEW WAY ROAD is 106m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% 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 10 NEW WAY ROAD lies on this distribution: 41% of detached houses houses are smaller than 10 NEW WAY ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Leicester.

10 NEW WAY ROAD: Plot and Title Map

10 NEW WAY ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 10 NEW WAY ROAD, 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 10 NEW WAY ROAD). 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 10 NEW WAY ROAD?

10 NEW WAY ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 10 on NEW WAY ROAD.