580A, GIPSY LANE, LEICESTER, LE5 0TB - £177,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

580A GIPSY LANE is a very small extended detached house of 77m², built sometime between 2003 and 2006. It was last sold for £177,000 in November 2020, which was around 48% below the average November 2020 detached price in the Leicester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

580A GIPSY LANE Sold Prices

Land registry data shows two sales for 580A GIPSY LANE 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 580A GIPSY LANE 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
2020 23 NOV	£177,000	£338,388	48% below HPI
2006 31 OCT	£148,000	£206,077	28% below HPI

580A GIPSY LANE 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 580A GIPSY LANE sales from October 2006 and November 2020 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 580A GIPSY LANE?

580A GIPSY LANE is 77m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 580A GIPSY LANE lies on this distribution: 11% of detached houses are smaller than 580A GIPSY LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leicester.

580A GIPSY LANE: Plot and Title Map

580A GIPSY LANE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 580A GIPSY LANE, 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 580A GIPSY LANE). 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 580A GIPSY LANE?

580A GIPSY LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 580A on GIPSY LANE.