51, PINE TREE AVENUE, LEICESTER, LE5 1AL - £410,000

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.

51 PINE TREE AVENUE is a large extended semi-detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £487,220. It was last sold for £410,000 in February 2021, which was around 86% above the average February 2021 semi-detached price in the Leicester local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

51 PINE TREE AVENUE Sold Prices

Land registry data shows three sales for 51 PINE TREE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. All of the three 51 PINE TREE AVENUE 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
2021 12 FEB	£410,000	£220,706	86% above HPI
2011 22 FEB	£250,000	£129,479	93% above HPI
2005 1 JUL	£172,500	£130,271	32% above HPI

51 PINE TREE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The three 51 PINE TREE AVENUE sales between July 2005 and February 2021 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 2011 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the February 2021 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 51 PINE TREE AVENUE be worth now?

51 PINE TREE AVENUE might now be worth an estimated £487,220.

This is based on house price inflation of 18.8%, between February 2021 and February 2025, for semi-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 18.8% inflationary increase is applied to the most recent sale price for 51 PINE TREE AVENUE of £410,000 on 12th February 2021. For the value to have increased from £410,000 to £487,220 over the four years to February 2025, the following assumptions must hold true:

• The value of 51 PINE TREE AVENUE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The February 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 51 PINE TREE AVENUE has not materially changed since February 2021.

How Large is 51 PINE TREE AVENUE?

51 PINE TREE AVENUE is 131m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 40% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 51 PINE TREE AVENUE lies on this distribution: 65% of semi-detached houses houses are smaller than 51 PINE TREE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Leicester.

51 PINE TREE AVENUE: Plot and Title Map

51 PINE TREE AVENUE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 51 PINE TREE AVENUE, 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 PINE TREE AVENUE). 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 PINE TREE AVENUE?

51 PINE TREE AVENUE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 51 on PINE TREE AVENUE.