521, WELFORD ROAD, LEICESTER, LE2 6FN - £285,000

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

521 WELFORD ROAD is a very large extended detached house of 234m², built sometime before 1900. It was last sold for £285,000 in January 2012, which was around 39% above the average January 2012 detached price in the Leicester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

521 WELFORD ROAD Sold Prices

Land registry data shows two sales for 521 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. Both of the two 521 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
2012 18 JAN	£285,000	£205,766	39% above HPI
1995 28 JUL	£96,000	£69,584	38% above HPI

521 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 521 WELFORD ROAD sales from July 1995 and January 2012 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 July 1995 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2012 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 521 WELFORD ROAD?

521 WELFORD ROAD is 234m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 521 WELFORD ROAD lies on this distribution: 97% of detached houses are smaller than 521 WELFORD ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Leicester.

521 WELFORD ROAD: Plot and Title Map

521 WELFORD ROAD sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 521 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 521 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 521 WELFORD ROAD?

521 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 521 on WELFORD ROAD.