408, WELFORD ROAD, LEICESTER, LE2 6EJ - £50,000

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.

408 WELFORD ROAD is a very large extended detached house of 187m², built sometime between 1930 and 1949, which could now be worth an estimated £255,631. It was last sold for £50,000 in January 1999, which was around 34% below the average January 1999 detached price in the Leicester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

408 WELFORD ROAD Sold Prices

Land registry data shows two sales for 408 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. One of the two 408 WELFORD ROAD sales was for below the average price, whilst the other was 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
1999 19 JAN	£50,000	£75,514	34% below HPI
1996 3 DEC	£118,000	£66,939	76% above HPI

408 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 408 WELFORD ROAD sales from December 1996 and January 1999 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 December 1996 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the January 1999 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 408 WELFORD ROAD be worth now?

408 WELFORD ROAD might now be worth an estimated £255,631.

This is based on house price inflation of 411.3%, between January 1999 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 411.3% inflationary increase is applied to the most recent sale price for 408 WELFORD ROAD of £50,000 on 19th January 1999. For the value to have increased from £50,000 to £255,631 over the 25 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 408 WELFORD ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The January 1999 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 408 WELFORD ROAD has not materially changed since January 1999.

How Large is 408 WELFORD ROAD?

408 WELFORD ROAD is 187m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% 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 408 WELFORD ROAD lies on this distribution: 90% of detached houses houses are smaller than 408 WELFORD ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Leicester.

408 WELFORD ROAD: Plot and Title Map

408 WELFORD ROAD sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 408 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 408 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 408 WELFORD ROAD?

408 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 408 on WELFORD ROAD.