16, SALTERSFORD ROAD, LEICESTER, LE5 4DE - £314,000

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.

16 SALTERSFORD ROAD is a midsized extended detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £344,745. It was last sold for £314,000 in October 2021, which was around 11% below the average October 2021 detached price in the Leicester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

16 SALTERSFORD ROAD Sold Prices

Land registry data shows two sales for 16 SALTERSFORD 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 16 SALTERSFORD 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
2021 29 OCT	£314,000	£351,643	11% below HPI
2019 6 SEP	£210,000	£302,080	30% below HPI

16 SALTERSFORD 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 16 SALTERSFORD ROAD sales from September 2019 and October 2021 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 September 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 SALTERSFORD ROAD be worth now?

16 SALTERSFORD ROAD might now be worth an estimated £344,745.

This is based on house price inflation of 9.8%, between October 2021 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 9.8% inflationary increase is applied to the most recent sale price for 16 SALTERSFORD ROAD of £314,000 on 29th October 2021. For the value to have increased from £314,000 to £344,745 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 SALTERSFORD ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2021 sale price of £314,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SALTERSFORD ROAD has not materially changed since October 2021.

How Large is 16 SALTERSFORD ROAD?

16 SALTERSFORD ROAD is 117m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 16 SALTERSFORD ROAD lies on this distribution: 51% of detached houses houses are smaller than 16 SALTERSFORD ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 SALTERSFORD ROAD: Plot and Title Map

16 SALTERSFORD ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 16 SALTERSFORD 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 16 SALTERSFORD 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 16 SALTERSFORD ROAD?

16 SALTERSFORD ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 16 on SALTERSFORD ROAD.