3, DEVON WAY, LEICESTER, LE5 4TA - £125,000

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.

3 DEVON WAY is a small extended terraced house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £169,252. It was last sold for £125,000 in January 2020, which was around 20% below the average January 2020 terraced price in the Leicester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 DEVON WAY Sold Prices

Land registry data shows two sales for 3 DEVON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Leicester local authority area for the corresponding sale date. One of the two 3 DEVON WAY sales was for below the average price, whilst the other was for 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
2020 14 JAN	£125,000	£156,710	20% below HPI
2012 23 NOV	£117,500	£107,380	9% above HPI

3 DEVON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leicester local authority area over time, sourced from the HPI. The two 3 DEVON WAY sales from November 2012 and January 2020 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 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 3 DEVON WAY be worth now?

3 DEVON WAY might now be worth an estimated £169,252.

This is based on house price inflation of 35.4%, between January 2020 and April 2026, for terraced 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 35.4% inflationary increase is applied to the most recent sale price for 3 DEVON WAY of £125,000 on 14th January 2020. For the value to have increased from £125,000 to £169,252 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 3 DEVON WAY has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The January 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DEVON WAY has not materially changed since January 2020.

How Large is 3 DEVON WAY?

3 DEVON WAY is 93m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 3 DEVON WAY lies on this distribution: 27% of terraced houses houses are smaller than 3 DEVON WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 DEVON WAY: Plot and Title Map

3 DEVON WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 3 DEVON 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 3 DEVON 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 3 DEVON WAY?

3 DEVON WAY is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 3 on DEVON WAY.