240, WATKIN ROAD, LEICESTER, LE2 7HW - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

240 WATKIN ROAD is a very small detached house of 60m², built sometime between 2007 and 2011. It was last sold for £155,000 in October 2014, which was around 31% below the average October 2014 detached price in the Leicester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

240 WATKIN ROAD Sold Prices

Land registry data shows two sales for 240 WATKIN 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 240 WATKIN 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
2014 17 OCT	£155,000	£225,693	31% below HPI
2010 15 OCT	£159,995	£209,491	24% below HPI

240 WATKIN 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 240 WATKIN ROAD sales from October 2010 and October 2014 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 October 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 240 WATKIN ROAD?

240 WATKIN ROAD is 60m² according to the EPC inspection conducted in January 2022. 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 240 WATKIN ROAD lies on this distribution: 3% of detached houses are smaller than 240 WATKIN ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Leicester.

240 WATKIN ROAD: Plot and Title Map

240 WATKIN ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 240 WATKIN 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 240 WATKIN 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 240 WATKIN ROAD?

240 WATKIN ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 240 on WATKIN ROAD.