713, WELFORD ROAD, LEICESTER, LE2 6HX - £367,500

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

713 WELFORD ROAD is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £367,500 in March 2022, which was around 4% below the average March 2022 detached price in the Leicester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

713 WELFORD ROAD Sold Prices

Land registry data shows three sales for 713 WELFORD ROAD 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. The three 713 WELFORD ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2022 25 MAR	£367,500	£382,543	4% below HPI
2009 4 JUN	£185,000	£185,147	Close to HPI
2003 10 JAN	£179,950	£151,617	19% above HPI

713 WELFORD ROAD 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 713 WELFORD ROAD sales between January 2003 and March 2022 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 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 713 WELFORD ROAD?

713 WELFORD ROAD is 94m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Wigston, based on EPC data. The below chart shows the distribution of detached houses by size in Wigston, and where 713 WELFORD ROAD lies on this distribution: 33% of detached houses are smaller than 713 WELFORD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wigston.

713 WELFORD ROAD: Plot and Title Map

713 WELFORD ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 713 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 713 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 713 WELFORD ROAD?

713 WELFORD ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 713 on WELFORD ROAD.