148, LETCHWORTH ROAD, LEICESTER, LE3 6FH - £520,000

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.

148 LETCHWORTH ROAD is a very large detached house of 230m², which could now be worth an estimated £673,401. It was last sold for £520,000 in December 2018, which was around 74% above the average December 2018 detached price in the Leicester local authority area. The most recent EPC inspection was September 2006, where the current energy rating was B, and the potential energy rating was B.

148 LETCHWORTH ROAD Sold Prices

Land registry data shows two sales for 148 LETCHWORTH ROAD since 1^st 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. Both of the two 148 LETCHWORTH 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
2018 7 DEC	£520,000	£298,126	74% above HPI
2015 21 AUG	£416,500	£228,546	82% above HPI

148 LETCHWORTH 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 two 148 LETCHWORTH ROAD sales from August 2015 and December 2018 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 2015 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the December 2018 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 148 LETCHWORTH ROAD be worth now?

148 LETCHWORTH ROAD might now be worth an estimated £673,401.

This is based on house price inflation of 29.5%, between December 2018 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 29.5% inflationary increase is applied to the most recent sale price for 148 LETCHWORTH ROAD of £520,000 on 7th December 2018. For the value to have increased from £520,000 to £673,401 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 148 LETCHWORTH ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The December 2018 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 148 LETCHWORTH ROAD has not materially changed since December 2018.

How Large is 148 LETCHWORTH ROAD?

148 LETCHWORTH ROAD is 230m² according to the EPC inspection conducted in September 2006. This puts it in the largest 10% 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 148 LETCHWORTH ROAD lies on this distribution: 96% of detached houses houses are smaller than 148 LETCHWORTH ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Leicester.

148 LETCHWORTH ROAD: Plot and Title Map

148 LETCHWORTH ROAD sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 148 LETCHWORTH 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 148 LETCHWORTH 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 148 LETCHWORTH ROAD?

148 LETCHWORTH ROAD is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 148 on LETCHWORTH ROAD.