614, SAFFRON LANE, LEICESTER, LE2 6TD - £252,500

614 SAFFRON LANE is a very small detached house of 64m², built sometime between 1930 and 1949. It was last sold for £252,500 in June 2019, which was around 18% below the average June 2019 detached price in the Leicester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

614 SAFFRON LANE Sold Prices

Land registry data shows three sales for 614 SAFFRON LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 614 SAFFRON 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
2019 28 JUN	£252,500	£308,588	18% below HPI
2017 8 AUG	£180,000	£280,089	36% below HPI
2004 27 FEB	£140,000	£180,414	22% below HPI

614 SAFFRON 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 three 614 SAFFRON LANE sales between February 2004 and June 2019 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 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 614 SAFFRON LANE?

614 SAFFRON LANE is 64m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 614 SAFFRON LANE lies on this distribution: 4% of detached houses are smaller than 614 SAFFRON LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

614 SAFFRON LANE: Plot and Title Map

614 SAFFRON LANE sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of 614 SAFFRON 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 614 SAFFRON 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 614 SAFFRON LANE?

614 SAFFRON LANE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 614 on SAFFRON LANE.