45, ELMS ROAD, LEICESTER, LE2 3JD - £590,000

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.

45 ELMS ROAD is a large detached house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £1,042,269. It was last sold for £590,000 in October 2014, which was around 169% above the average October 2014 detached price in the Leicester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

45 ELMS ROAD Sold Prices

Land registry data shows two sales for 45 ELMS 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 45 ELMS ROAD sales were 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
2014 17 OCT	£590,000	£219,411	169% above HPI
2012 12 JUN	£500,000	£195,809	155% above HPI

45 ELMS 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 45 ELMS ROAD sales from June 2012 and October 2014 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 June 2012 sale was for 155% above the HPI. So the extrapolation line tracks at 155% above the HPI over time, until the October 2014 sale, where it rises to 169% above the HPI. The line then continues to track at 169% above the HPI.

What might 45 ELMS ROAD be worth now?

45 ELMS ROAD might now be worth an estimated £1,042,269.

This is based on house price inflation of 76.7%, between October 2014 and May 2026, 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 76.7% inflationary increase is applied to the most recent sale price for 45 ELMS ROAD of £590,000 on 17th October 2014. For the value to have increased from £590,000 to £1,042,269 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 45 ELMS ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2014 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 45 ELMS ROAD has not materially changed since October 2014.

How Large is 45 ELMS ROAD?

45 ELMS ROAD is 156m² according to the EPC inspection conducted in March 2014. This puts it in the largest 30% 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 45 ELMS ROAD lies on this distribution: 80% of detached houses houses are smaller than 45 ELMS ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Leicester.

45 ELMS ROAD: Plot and Title Map

45 ELMS ROAD sits on a plot of roughly 0.328 of an acre, or 1,329m². The below map shows the location of 45 ELMS 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 45 ELMS 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 45 ELMS ROAD?

45 ELMS ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 45 on ELMS ROAD.