Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
12 VICARAGE LANE is a very large extended detached house of 190m², built sometime between 1991 and 1995. It was last sold for £450,000 in March 2016, which was around 81% above the average March 2016 detached price in the Leicester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 12 VICARAGE LANE since 1st 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. One of the two 12 VICARAGE LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2016 18 MAR | £450,000 | £248,485 | 81% above HPI |
2001 19 DEC | £66,000 | £114,065 | 42% below HPI |
The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 12 VICARAGE LANE sales from December 2001 and March 2016 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 December 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2016 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.
12 VICARAGE LANE is 190m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 12 VICARAGE LANE lies on this distribution: 91% of detached houses are smaller than 12 VICARAGE LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Leicester.
12 VICARAGE LANE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 12 VICARAGE 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 12 VICARAGE 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.
12 VICARAGE LANE is located in HUMBERSTONE, in the LE5 postcode district. The below map shows the position of No. 12 on VICARAGE LANE.