7, LOVELACE CRESCENT, ELMESTHORPE, LEICESTER, LE9 7SL - £135,000

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.

7 LOVELACE CRESCENT is a small detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £352,747. It was last sold for £135,000 in September 2002, which was around 10% below the average September 2002 detached price in the Blaby local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

7 LOVELACE CRESCENT Sold Prices

Land registry data shows two sales for 7 LOVELACE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 7 LOVELACE CRESCENT 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
2002 12 SEP	£135,000	£149,354	10% below HPI
1995 8 SEP	£51,500	£74,778	31% below HPI

7 LOVELACE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 7 LOVELACE CRESCENT sales from September 1995 and September 2002 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 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2002 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 LOVELACE CRESCENT be worth now?

7 LOVELACE CRESCENT might now be worth an estimated £352,747.

This is based on house price inflation of 161.3%, between September 2002 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 161.3% inflationary increase is applied to the most recent sale price for 7 LOVELACE CRESCENT of £135,000 on 12th September 2002. For the value to have increased from £135,000 to £352,747 over the 23 years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 LOVELACE CRESCENT has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2002 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LOVELACE CRESCENT has not materially changed since September 2002.

How Large is 7 LOVELACE CRESCENT?

7 LOVELACE CRESCENT is 105m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Elmesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elmesthorpe, and where 7 LOVELACE CRESCENT lies on this distribution: 23% of detached houses houses are smaller than 7 LOVELACE CRESCENT, and 77% of houses are larger. Note that EPC data is not available for all properties in Elmesthorpe.

7 LOVELACE CRESCENT: Plot and Title Map

7 LOVELACE CRESCENT sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 7 LOVELACE CRESCENT, 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 7 LOVELACE CRESCENT). 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 7 LOVELACE CRESCENT?

7 LOVELACE CRESCENT is located in ELMESTHORPE, in the LE9 postcode district. The below map shows the position of No. 7 on LOVELACE CRESCENT.