563, WELFORD ROAD, LEICESTER, LE2 6FP - £265,000

563 WELFORD ROAD is a midsized detached house of 107m², built sometime between 1930 and 1949. It was last sold for £265,000 in February 2011, which was around 30% above the average February 2011 detached price in the Leicester local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was E.

563 WELFORD ROAD Sold Prices

Land registry data shows two sales for 563 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 563 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
2011 9 FEB	£265,000	£204,481	30% above HPI
2003 29 AUG	£230,000	£169,343	36% above HPI

563 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 563 WELFORD ROAD sales from August 2003 and February 2011 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 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2011 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 563 WELFORD ROAD?

563 WELFORD ROAD is 107m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 563 WELFORD ROAD lies on this distribution: 42% of detached houses are smaller than 563 WELFORD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Leicester.

563 WELFORD ROAD: Plot and Title Map

563 WELFORD ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 563 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 563 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 563 WELFORD ROAD?

563 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 563 on WELFORD ROAD.