2, WELSTED ROAD, CASTLE DONINGTON, DERBY, DE74 2SN - £310,000

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.

2 WELSTED ROAD is a midsized detached house of 106m², which could now be worth an estimated £379,022. It was last sold for £310,000 in February 2021, which was around 5% below the average February 2021 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

2 WELSTED ROAD Sold Prices

Land registry data shows two sales for 2 WELSTED 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 North West Leicestershire local authority area for the corresponding sale date. One of the two 2 WELSTED ROAD sales was for below the average price, whilst the other was 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
2021 26 FEB	£310,000	£325,027	5% below HPI
2020 16 MAR	£304,950	£302,535	1% above HPI

2 WELSTED ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 2 WELSTED ROAD sales from March 2020 and February 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 March 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 WELSTED ROAD be worth now?

2 WELSTED ROAD might now be worth an estimated £379,022.

This is based on house price inflation of 22.3%, between February 2021 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.3% inflationary increase is applied to the most recent sale price for 2 WELSTED ROAD of £310,000 on 26th February 2021. For the value to have increased from £310,000 to £379,022 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 WELSTED ROAD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELSTED ROAD has not materially changed since February 2021.

How Large is 2 WELSTED ROAD?

2 WELSTED ROAD is 106m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses houses in Castle Donington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castle Donington, and where 2 WELSTED ROAD lies on this distribution: 45% of detached houses houses are smaller than 2 WELSTED ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Castle Donington.

2 WELSTED ROAD: Plot and Title Map

2 WELSTED ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 WELSTED 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 2 WELSTED 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 2 WELSTED ROAD?

2 WELSTED ROAD is located in CASTLE DONINGTON, in the DE74 postcode district. The below map shows the position of No. 2 on WELSTED ROAD.