15, JAMES WAY, SCRAPTOFT, LEICESTER, LE7 9TU - £380,000

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.

15 JAMES WAY is a small detached house of 99m², which could now be worth an estimated £436,239. It was last sold for £380,000 in October 2021, which was around 10% below the average October 2021 detached price in the Harborough local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

15 JAMES WAY Sold Prices

Land registry data shows two sales for 15 JAMES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 15 JAMES WAY 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
2021 22 OCT	£380,000	£422,786	10% below HPI
2016 30 SEP	£335,500	£340,466	1% below HPI

15 JAMES WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 15 JAMES WAY sales from September 2016 and October 2021 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 JAMES WAY be worth now?

15 JAMES WAY might now be worth an estimated £436,239.

This is based on house price inflation of 14.8%, between October 2021 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for 15 JAMES WAY of £380,000 on 22nd October 2021. For the value to have increased from £380,000 to £436,239 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 JAMES WAY has moved in line with the HPI for detached houses in the Harborough local authority area.
• The October 2021 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 15 JAMES WAY has not materially changed since October 2021.

How Large is 15 JAMES WAY?

15 JAMES WAY is 99m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% 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 15 JAMES WAY lies on this distribution: 33% of detached houses houses are smaller than 15 JAMES WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 JAMES WAY: Plot and Title Map

15 JAMES WAY sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 15 JAMES WAY, 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 15 JAMES WAY). 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 15 JAMES WAY?

15 JAMES WAY is located in SCRAPTOFT, in the LE7 postcode district. The below map shows the position of No. 15 on JAMES WAY.