406, WELFORD ROAD, LEICESTER, LE2 6EJ - £650,000

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

406 WELFORD ROAD is a very large extended detached house of 247m², built sometime between 1900 and 1929. It was last sold for £650,000 in October 2018, which was around 115% above the average October 2018 detached price in the Leicester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

406 WELFORD ROAD Sold Prices

Land registry data shows two sales for 406 WELFORD 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 406 WELFORD 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
2018 31 OCT	£650,000	£302,286	115% above HPI
1997 23 MAY	£168,850	£68,248	147% above HPI

406 WELFORD 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 406 WELFORD ROAD sales from May 1997 and October 2018 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 May 1997 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the October 2018 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is 406 WELFORD ROAD?

406 WELFORD ROAD is 247m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 406 WELFORD ROAD lies on this distribution: 97% of detached houses are smaller than 406 WELFORD ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Leicester.

406 WELFORD ROAD: Plot and Title Map

406 WELFORD ROAD sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of 406 WELFORD 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 406 WELFORD 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 406 WELFORD ROAD?

406 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 406 on WELFORD ROAD.