22, WELLAND VALE ROAD, LEICESTER, LE5 6PW - £350,000

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

22 WELLAND VALE ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £350,000 in February 2024, which was around 11% below the average February 2024 detached price in the Leicester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

22 WELLAND VALE ROAD Sold Prices

Land registry data shows two sales for 22 WELLAND VALE 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 22 WELLAND VALE 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
2024 26 FEB	£350,000	£393,289	11% below HPI
2000 14 FEB	£67,500	£84,537	20% below HPI

22 WELLAND VALE 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 22 WELLAND VALE ROAD sales from February 2000 and February 2024 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 February 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 22 WELLAND VALE ROAD?

22 WELLAND VALE ROAD is 64m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 22 WELLAND VALE ROAD lies on this distribution: 4% of detached houses are smaller than 22 WELLAND VALE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

22 WELLAND VALE ROAD: Plot and Title Map

22 WELLAND VALE ROAD sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 22 WELLAND VALE 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 22 WELLAND VALE 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 22 WELLAND VALE ROAD?

22 WELLAND VALE ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 22 on WELLAND VALE ROAD.