588, WELFORD ROAD, LEICESTER, LE2 6EP - £208,000

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.

588 WELFORD ROAD is a large extended semi-detached house of 133m², built sometime between 1900 and 1929, which could now be worth an estimated £409,244. It was last sold for £208,000 in February 2013, which was around 56% above the average February 2013 semi-detached price in the Leicester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was B.

588 WELFORD ROAD Sold Prices

Land registry data shows two sales for 588 WELFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 588 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 13 FEB	£208,000	£133,302	56% above HPI
2005 11 MAR	£192,000	£125,837	53% above HPI

588 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 two 588 WELFORD ROAD sales from March 2005 and February 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 March 2005 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2013 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 588 WELFORD ROAD be worth now?

588 WELFORD ROAD might now be worth an estimated £409,244.

This is based on house price inflation of 96.8%, between February 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 96.8% inflationary increase is applied to the most recent sale price for 588 WELFORD ROAD of £208,000 on 13th February 2013. For the value to have increased from £208,000 to £409,244 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 588 WELFORD ROAD has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The February 2013 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 588 WELFORD ROAD has not materially changed since February 2013.

How Large is 588 WELFORD ROAD?

588 WELFORD ROAD is 133m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 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 588 WELFORD ROAD lies on this distribution: 67% of semi-detached houses houses are smaller than 588 WELFORD ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Leicester.

588 WELFORD ROAD: Plot and Title Map

588 WELFORD ROAD sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 588 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 588 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 588 WELFORD ROAD?

588 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 588 on WELFORD ROAD.