51, LETCHWORTH ROAD, LEICESTER, LE3 6FL - £154,000

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

51 LETCHWORTH ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £154,000 in April 2006, which was around 24% below the average April 2006 detached price in the Leicester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was B.

51 LETCHWORTH ROAD Sold Prices

Land registry data shows two sales for 51 LETCHWORTH 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 51 LETCHWORTH 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
2006 3 APR	£154,000	£202,027	24% below HPI
2006 13 JAN	£140,000	£201,681	31% below HPI

51 LETCHWORTH 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 51 LETCHWORTH ROAD sales from January 2006 and April 2006 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 January 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 51 LETCHWORTH ROAD?

51 LETCHWORTH ROAD is 96m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 51 LETCHWORTH ROAD lies on this distribution: 30% of detached houses are smaller than 51 LETCHWORTH ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

51 LETCHWORTH ROAD: Plot and Title Map

51 LETCHWORTH ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 51 LETCHWORTH 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 51 LETCHWORTH 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 51 LETCHWORTH ROAD?

51 LETCHWORTH ROAD is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 51 on LETCHWORTH ROAD.