539, WELFORD ROAD, LEICESTER, LE2 6FN - £425,000

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

539 WELFORD ROAD is a very large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £425,000 in June 2023, which was around 6% above the average June 2023 detached price in the Leicester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

539 WELFORD ROAD Sold Prices

Land registry data shows two sales for 539 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 539 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
2023 15 JUN	£425,000	£401,458	6% above HPI
2001 31 AUG	£160,000	£104,636	53% above HPI

539 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 539 WELFORD ROAD sales from August 2001 and June 2023 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 August 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 539 WELFORD ROAD?

539 WELFORD ROAD is 199m², which includes three extensions, according to the EPC inspection conducted in April 2023. 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 539 WELFORD ROAD lies on this distribution: 92% of detached houses are smaller than 539 WELFORD ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Leicester.

539 WELFORD ROAD: Plot and Title Map

539 WELFORD ROAD sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 539 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 539 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 539 WELFORD ROAD?

539 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 539 on WELFORD ROAD.