123, SCRAPTOFT LANE, LEICESTER, LE5 2FE - £191,500

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

123 SCRAPTOFT LANE is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £191,500 in August 2016, which was around 26% below the average August 2016 detached price in the Leicester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

123 SCRAPTOFT LANE Sold Prices

Land registry data shows three sales for 123 SCRAPTOFT LANE 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 123 SCRAPTOFT LANE 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
2016 18 AUG	£191,500	£258,208	26% below HPI
2014 12 DEC	£125,000	£225,823	45% below HPI
2009 9 APR	£132,050	£186,918	29% below HPI

123 SCRAPTOFT LANE 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 123 SCRAPTOFT LANE sales between April 2009 and August 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 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 123 SCRAPTOFT LANE?

123 SCRAPTOFT LANE is 83m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 123 SCRAPTOFT LANE lies on this distribution: 16% of detached houses are smaller than 123 SCRAPTOFT LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Leicester.

123 SCRAPTOFT LANE: Plot and Title Map

123 SCRAPTOFT LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 123 SCRAPTOFT 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 123 SCRAPTOFT 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 123 SCRAPTOFT LANE?

123 SCRAPTOFT LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 123 on SCRAPTOFT LANE.