625, SAFFRON LANE, LEICESTER, LE2 6UN - £216,000

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

625 SAFFRON LANE is a large extended detached house of 143m², built sometime between 1950 and 1966. It was last sold for £216,000 in December 2015, which was around 11% below the average December 2015 detached price in the Leicester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

625 SAFFRON LANE Sold Prices

Land registry data shows two sales for 625 SAFFRON 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 625 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
2015 4 DEC	£216,000	£243,541	11% below HPI
2003 21 NOV	£100,000	£176,294	43% below HPI

625 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 two 625 SAFFRON LANE sales from November 2003 and December 2015 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 November 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 625 SAFFRON LANE?

625 SAFFRON LANE is 143m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 625 SAFFRON LANE lies on this distribution: 73% of detached houses are smaller than 625 SAFFRON LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Leicester.

625 SAFFRON LANE: Plot and Title Map

625 SAFFRON LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 625 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 625 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 625 SAFFRON LANE?

625 SAFFRON LANE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 625 on SAFFRON LANE.