38, SHIPLEY ROAD, LEICESTER, LE5 5BW - £245,000

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.

38 SHIPLEY ROAD is a large extended detached house of 136m², built sometime between 1900 and 1929, which could now be worth an estimated £431,100. It was last sold for £245,000 in October 2014, which was around 12% above the average October 2014 detached price in the Leicester local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was C.

38 SHIPLEY ROAD Sold Prices

Land registry data shows two sales for 38 SHIPLEY 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 38 SHIPLEY ROAD 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
2014 30 OCT	£245,000	£219,411	12% above HPI
2001 8 JUN	£100,000	£97,890	2% above HPI

38 SHIPLEY 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 38 SHIPLEY ROAD sales from June 2001 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 June 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 38 SHIPLEY ROAD be worth now?

38 SHIPLEY ROAD might now be worth an estimated £431,100.

This is based on house price inflation of 76%, between October 2014 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 76% inflationary increase is applied to the most recent sale price for 38 SHIPLEY ROAD of £245,000 on 30th October 2014. For the value to have increased from £245,000 to £431,100 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 SHIPLEY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SHIPLEY ROAD has not materially changed since October 2014.

How Large is 38 SHIPLEY ROAD?

38 SHIPLEY ROAD is 136m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% 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 38 SHIPLEY ROAD lies on this distribution: 69% of detached houses houses are smaller than 38 SHIPLEY ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Leicester.

38 SHIPLEY ROAD: Plot and Title Map

38 SHIPLEY ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 38 SHIPLEY 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 38 SHIPLEY 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 38 SHIPLEY ROAD?

38 SHIPLEY ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 38 on SHIPLEY ROAD.