585, WELFORD ROAD, LEICESTER, LE2 6FP - £245,950

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.

585 WELFORD ROAD is a small extended semi-detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £468,915. It was last sold for £245,950 in November 2013, which was around 79% above the average November 2013 semi-detached price in the Leicester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

585 WELFORD ROAD Sold Prices

Land registry data shows three sales for 585 WELFORD ROAD 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 585 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
2013 12 NOV	£245,950	£137,565	79% above HPI
2006 30 JUN	£208,500	£133,875	56% above HPI
1995 12 MAY	£70,000	£41,593	68% above HPI

585 WELFORD ROAD 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 585 WELFORD ROAD sales between May 1995 and November 2013 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 June 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2013 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 585 WELFORD ROAD be worth now?

585 WELFORD ROAD might now be worth an estimated £468,915.

This is based on house price inflation of 90.7%, between November 2013 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 90.7% inflationary increase is applied to the most recent sale price for 585 WELFORD ROAD of £245,950 on 12th November 2013. For the value to have increased from £245,950 to £468,915 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 585 WELFORD ROAD has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The November 2013 sale price of £245,950 represented a fair market value for the property.
• The size, condition, and specification of 585 WELFORD ROAD has not materially changed since November 2013.

How Large is 585 WELFORD ROAD?

585 WELFORD ROAD is 100m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 585 WELFORD ROAD lies on this distribution: 34% of semi-detached houses houses are smaller than 585 WELFORD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Leicester.

585 WELFORD ROAD: Plot and Title Map

585 WELFORD ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 585 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 585 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 585 WELFORD ROAD?

585 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 585 on WELFORD ROAD.