47, WELLAND VALE ROAD, LEICESTER, LE5 6PX - £171,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

47 WELLAND VALE ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £171,000 in October 2005, which was around 16% below the average October 2005 detached price in the Leicester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

47 WELLAND VALE ROAD Sold Prices

Land registry data shows two sales for 47 WELLAND VALE 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 47 WELLAND VALE ROAD 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
2005 28 OCT	£171,000	£203,491	16% below HPI
1996 29 FEB	£58,000	£67,777	14% below HPI

47 WELLAND VALE 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 47 WELLAND VALE ROAD sales from February 1996 and October 2005 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 February 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2005 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 47 WELLAND VALE ROAD?

47 WELLAND VALE ROAD is 79m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 47 WELLAND VALE ROAD lies on this distribution: 13% of detached houses are smaller than 47 WELLAND VALE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Leicester.

47 WELLAND VALE ROAD: Plot and Title Map

47 WELLAND VALE ROAD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 47 WELLAND VALE 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 47 WELLAND VALE 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 47 WELLAND VALE ROAD?

47 WELLAND VALE ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 47 on WELLAND VALE ROAD.