118, HOMEFIELD ROAD, SILEBY, LOUGHBOROUGH, LE12 7TQ - £170,000

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.

118 HOMEFIELD ROAD is a very small semi-detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £180,949. It was last sold for £170,000 in June 2022, which was around 31% below the average June 2022 semi-detached price in the Charnwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was B.

118 HOMEFIELD ROAD Sold Prices

Land registry data shows two sales for 118 HOMEFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 118 HOMEFIELD ROAD 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
2022 15 JUN	£170,000	£246,544	31% below HPI
1996 26 JAN	£40,000	£50,082	20% below HPI

118 HOMEFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 118 HOMEFIELD ROAD sales from January 1996 and June 2022 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 January 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 118 HOMEFIELD ROAD be worth now?

118 HOMEFIELD ROAD might now be worth an estimated £180,949.

This is based on house price inflation of 6.4%, between June 2022 and February 2025, for semi-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 6.4% inflationary increase is applied to the most recent sale price for 118 HOMEFIELD ROAD of £170,000 on 15th June 2022. For the value to have increased from £170,000 to £180,949 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 118 HOMEFIELD ROAD has moved in line with the HPI for semi-detached houses in the Charnwood local authority area.
• The June 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 118 HOMEFIELD ROAD has not materially changed since June 2022.

How Large is 118 HOMEFIELD ROAD?

118 HOMEFIELD ROAD is 56m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of semi-detached houses houses in Sileby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sileby, and where 118 HOMEFIELD ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 118 HOMEFIELD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Sileby.

118 HOMEFIELD ROAD: Plot and Title Map

118 HOMEFIELD ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 118 HOMEFIELD 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 118 HOMEFIELD 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 118 HOMEFIELD ROAD?

118 HOMEFIELD ROAD is located in SILEBY, in the LE12 postcode district. The below map shows the position of No. 118 on HOMEFIELD ROAD.