12, WALE ROAD, WHETSTONE, LEICESTER, LE8 6NJ - £320,000

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

12 WALE ROAD is a midsized extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £320,000 in February 2022, which was around 14% below the average February 2022 detached price in the Blaby local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

12 WALE ROAD Sold Prices

Land registry data shows four sales for 12 WALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 12 WALE 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 23 FEB	£320,000	£373,859	14% below HPI
2015 1 JUN	£225,500	£252,919	11% below HPI
2005 28 OCT	£170,000	£216,515	21% below HPI
2004 26 MAR	£152,000	£192,802	21% below HPI

12 WALE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 12 WALE ROAD sales between March 2004 and February 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 June 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 WALE ROAD?

12 WALE ROAD is 120m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 12 WALE ROAD lies on this distribution: 52% of detached houses are smaller than 12 WALE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

12 WALE ROAD: Plot and Title Map

12 WALE ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 12 WALE 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 12 WALE 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 12 WALE ROAD?

12 WALE ROAD is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 12 on WALE ROAD.