316, SCRAPTOFT LANE, LEICESTER, LE5 1PB - £282,500

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.

316 SCRAPTOFT LANE is a midsized extended detached house of 120m², built sometime between 1930 and 1949, which could now be worth an estimated £465,219. It was last sold for £282,500 in September 2015, which was around 20% above the average September 2015 detached price in the Leicester local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

316 SCRAPTOFT LANE Sold Prices

Land registry data shows three sales for 316 SCRAPTOFT LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 316 SCRAPTOFT LANE sales were 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
2015 4 SEP	£282,500	£234,440	20% above HPI
2006 1 JUN	£225,000	£199,583	13% above HPI
1998 23 OCT	£81,000	£75,379	7% above HPI

316 SCRAPTOFT LANE 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 three 316 SCRAPTOFT LANE sales between October 1998 and September 2015 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 June 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 316 SCRAPTOFT LANE be worth now?

316 SCRAPTOFT LANE might now be worth an estimated £465,219.

This is based on house price inflation of 64.7%, between September 2015 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 64.7% inflationary increase is applied to the most recent sale price for 316 SCRAPTOFT LANE of £282,500 on 4th September 2015. For the value to have increased from £282,500 to £465,219 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 316 SCRAPTOFT LANE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The September 2015 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 316 SCRAPTOFT LANE has not materially changed since September 2015.

How Large is 316 SCRAPTOFT LANE?

316 SCRAPTOFT LANE is 120m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 316 SCRAPTOFT LANE lies on this distribution: 54% of detached houses houses are smaller than 316 SCRAPTOFT LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Leicester.

316 SCRAPTOFT LANE: Plot and Title Map

316 SCRAPTOFT LANE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 316 SCRAPTOFT LANE, 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 316 SCRAPTOFT LANE). 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 316 SCRAPTOFT LANE?

316 SCRAPTOFT LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 316 on SCRAPTOFT LANE.