81A, WELFORD ROAD, BLABY, LEICESTER, LE8 4FT - £165,000

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

81A WELFORD ROAD is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £165,000 in December 2015, which was around 37% below the average December 2015 detached price in the Blaby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

81A WELFORD ROAD Sold Prices

Land registry data shows two sales for 81A WELFORD 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 Blaby local authority area for the corresponding sale date. One of the two 81A WELFORD ROAD sales was for below the average price, whilst the other was roughly equal to 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 18 DEC	£165,000	£263,593	37% below HPI
1997 7 NOV	£85,000	£85,003	Close to HPI

81A WELFORD ROAD 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 81A WELFORD ROAD sales from November 1997 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 81A WELFORD ROAD?

81A WELFORD ROAD is 86m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 81A WELFORD ROAD lies on this distribution: 28% of detached houses are smaller than 81A WELFORD ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Blaby.

81A WELFORD ROAD: Plot and Title Map

81A WELFORD ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 81A 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 81A 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 81A WELFORD ROAD?

81A WELFORD ROAD is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 81A on WELFORD ROAD.