484, WELFORD ROAD, LEICESTER, LE2 6EL - £288,000

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

484 WELFORD ROAD is a very large detached house of 165m², built sometime between 1930 and 1949. It was last sold for £288,000 in June 2014, which was around 30% above the average June 2014 detached price in the Leicester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

484 WELFORD ROAD Sold Prices

Land registry data shows three sales for 484 WELFORD ROAD 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 484 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
2014 20 JUN	£288,000	£222,090	30% above HPI
2011 20 DEC	£280,000	£205,435	36% above HPI
1998 2 OCT	£112,000	£77,537	44% above HPI

484 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 three 484 WELFORD ROAD sales between October 1998 and June 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 December 2011 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2014 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 484 WELFORD ROAD?

484 WELFORD ROAD is 165m² according to the EPC inspection conducted in January 2015. This puts it in the largest 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 484 WELFORD ROAD lies on this distribution: 84% of detached houses are smaller than 484 WELFORD ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Leicester.

484 WELFORD ROAD: Plot and Title Map

484 WELFORD ROAD sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of 484 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 484 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 484 WELFORD ROAD?

484 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 484 on WELFORD ROAD.