123, SCRAPTOFT LANE, LEICESTER, LE5 2FE - £191,500

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.

123 SCRAPTOFT LANE is a very small extended detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £300,155. It was last sold for £191,500 in August 2016, which was around 24% below the average August 2016 detached price in the Leicester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

123 SCRAPTOFT LANE Sold Prices

Land registry data shows three sales for 123 SCRAPTOFT LANE 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. All of the three 123 SCRAPTOFT 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
2016 18 AUG	£191,500	£251,021	24% below HPI
2014 12 DEC	£125,000	£219,537	43% below HPI
2009 9 APR	£132,050	£181,715	27% below HPI

123 SCRAPTOFT 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 three 123 SCRAPTOFT LANE sales between April 2009 and August 2016 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 December 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 123 SCRAPTOFT LANE be worth now?

123 SCRAPTOFT LANE might now be worth an estimated £300,155.

This is based on house price inflation of 56.7%, between August 2016 and July 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 56.7% inflationary increase is applied to the most recent sale price for 123 SCRAPTOFT LANE of £191,500 on 18th August 2016. For the value to have increased from £191,500 to £300,155 over the nine years and one month to July 2025, the following assumptions must hold true:

• The value of 123 SCRAPTOFT LANE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2016 sale price of £191,500 represented a fair market value for the property.
• The size, condition, and specification of 123 SCRAPTOFT LANE has not materially changed since August 2016.

How Large is 123 SCRAPTOFT LANE?

123 SCRAPTOFT LANE is 83m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 123 SCRAPTOFT LANE lies on this distribution: 16% of detached houses houses are smaller than 123 SCRAPTOFT LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Leicester.

123 SCRAPTOFT LANE: Plot and Title Map

123 SCRAPTOFT LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 123 SCRAPTOFT 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 123 SCRAPTOFT 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 123 SCRAPTOFT LANE?

123 SCRAPTOFT LANE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 123 on SCRAPTOFT LANE.