8, BUTCOMBE ROAD, LEICESTER, LE4 0FX - £165,000

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.

8 BUTCOMBE ROAD is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £282,320. It was last sold for £165,000 in April 2015, which was around 27% below the average April 2015 detached price in the Leicester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

8 BUTCOMBE ROAD Sold Prices

Land registry data shows two sales for 8 BUTCOMBE ROAD 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 8 BUTCOMBE ROAD 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 9 APR	£165,000	£225,638	27% below HPI
2007 9 MAR	£164,950	£206,979	20% below HPI

8 BUTCOMBE 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 two 8 BUTCOMBE ROAD sales from March 2007 and April 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 March 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 BUTCOMBE ROAD be worth now?

8 BUTCOMBE ROAD might now be worth an estimated £282,320.

This is based on house price inflation of 71.1%, between April 2015 and February 2025, for 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 71.1% inflationary increase is applied to the most recent sale price for 8 BUTCOMBE ROAD of £165,000 on 9th April 2015. For the value to have increased from £165,000 to £282,320 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 8 BUTCOMBE ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUTCOMBE ROAD has not materially changed since April 2015.

How Large is 8 BUTCOMBE ROAD?

8 BUTCOMBE ROAD is 76m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 8 BUTCOMBE ROAD lies on this distribution: 10% of detached houses houses are smaller than 8 BUTCOMBE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 BUTCOMBE ROAD: Plot and Title Map

8 BUTCOMBE ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 BUTCOMBE 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 8 BUTCOMBE 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 8 BUTCOMBE ROAD?

8 BUTCOMBE ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 8 on BUTCOMBE ROAD.