281, NEW PARKS BOULEVARD, LEICESTER, LE3 6NR - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

281 NEW PARKS BOULEVARD is a very small semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £207,730. It was last sold for £130,000 in August 2016, which was around 21% below the average August 2016 semi-detached price in the Leicester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

281 NEW PARKS BOULEVARD Sold Prices

Land registry data shows two sales for 281 NEW PARKS BOULEVARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 281 NEW PARKS BOULEVARD 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
2016 24 AUG	£130,000	£164,134	21% below HPI
2007 9 OCT	£118,000	£144,859	19% below HPI

281 NEW PARKS BOULEVARD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 281 NEW PARKS BOULEVARD sales from October 2007 and August 2016 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 281 NEW PARKS BOULEVARD be worth now?

281 NEW PARKS BOULEVARD might now be worth an estimated £207,730.

This is based on house price inflation of 59.8%, between August 2016 and February 2025, for semi-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 59.8% inflationary increase is applied to the most recent sale price for 281 NEW PARKS BOULEVARD of £130,000 on 24th August 2016. For the value to have increased from £130,000 to £207,730 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 281 NEW PARKS BOULEVARD has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The August 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 281 NEW PARKS BOULEVARD has not materially changed since August 2016.

How Large is 281 NEW PARKS BOULEVARD?

281 NEW PARKS BOULEVARD is 85m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 281 NEW PARKS BOULEVARD lies on this distribution: 18% of semi-detached houses houses are smaller than 281 NEW PARKS BOULEVARD, and 81% of houses are larger. Note that EPC data is not available for all properties in Leicester.

281 NEW PARKS BOULEVARD: Plot and Title Map

281 NEW PARKS BOULEVARD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 281 NEW PARKS BOULEVARD, 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 281 NEW PARKS BOULEVARD). 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 281 NEW PARKS BOULEVARD?

281 NEW PARKS BOULEVARD is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 281 on NEW PARKS BOULEVARD.