56, CASTLE FIELDS, LEICESTER, LE4 1AN - £237,500

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.

56 CASTLE FIELDS is a very small semi-detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £242,136. It was last sold for £237,500 in February 2023, which was around 9% below the average February 2023 semi-detached price in the Leicester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

56 CASTLE FIELDS Sold Prices

Land registry data shows two sales for 56 CASTLE FIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. Both of the two 56 CASTLE FIELDS 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
2023 16 FEB	£237,500	£259,880	9% below HPI
2017 20 OCT	£137,000	£178,858	23% below HPI

56 CASTLE FIELDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The two 56 CASTLE FIELDS sales from October 2017 and February 2023 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 October 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 56 CASTLE FIELDS be worth now?

56 CASTLE FIELDS might now be worth an estimated £242,136.

This is based on house price inflation of 2%, between February 2023 and May 2026, for semi-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 2% inflationary increase is applied to the most recent sale price for 56 CASTLE FIELDS of £237,500 on 16th February 2023. For the value to have increased from £237,500 to £242,136 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 56 CASTLE FIELDS has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The February 2023 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 56 CASTLE FIELDS has not materially changed since February 2023.

How Large is 56 CASTLE FIELDS?

56 CASTLE FIELDS is 58m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 56 CASTLE FIELDS lies on this distribution: 2% of semi-detached houses houses are smaller than 56 CASTLE FIELDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Leicester.

56 CASTLE FIELDS: Plot and Title Map

56 CASTLE FIELDS sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 56 CASTLE FIELDS, 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 56 CASTLE FIELDS). 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 56 CASTLE FIELDS?

56 CASTLE FIELDS is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 56 on CASTLE FIELDS.