7, LOVELACE CRESCENT, ELMESTHORPE, LEICESTER, LE9 7SL - £135,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 LOVELACE CRESCENT is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £135,000 in September 2002, which was around 11% below the average September 2002 detached price in the Blaby local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

7 LOVELACE CRESCENT Sold Prices

Land registry data shows two sales for 7 LOVELACE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 7 LOVELACE CRESCENT 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
2002 12 SEP	£135,000	£152,395	11% below HPI
1995 8 SEP	£51,500	£76,301	33% below HPI

7 LOVELACE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 7 LOVELACE CRESCENT sales from September 1995 and September 2002 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 September 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 LOVELACE CRESCENT?

7 LOVELACE CRESCENT is 105m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses in Elmesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Elmesthorpe, and where 7 LOVELACE CRESCENT lies on this distribution: 23% of detached houses are smaller than 7 LOVELACE CRESCENT, and 77% of houses are larger. Note that EPC data is not available for all properties in Elmesthorpe.

7 LOVELACE CRESCENT: Plot and Title Map

7 LOVELACE CRESCENT sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 7 LOVELACE CRESCENT, 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 7 LOVELACE CRESCENT). 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 7 LOVELACE CRESCENT?

7 LOVELACE CRESCENT is located in ELMESTHORPE, in the LE9 postcode district. The below map shows the position of No. 7 on LOVELACE CRESCENT.