8B, ELMS ROAD, LEICESTER, LE2 3JF - £425,000

8B ELMS ROAD is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £425,000 in April 2021, which was around 24% above the average April 2021 detached price in the Leicester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

8B ELMS ROAD Sold Prices

Land registry data shows four sales for 8B ELMS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 8B 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
2021 12 APR	£425,000	£342,241	24% above HPI
2010 28 MAY	£290,000	£200,099	45% above HPI
2005 21 DEC	£228,500	£201,410	13% above HPI
1995 2 JUN	£88,000	£68,733	28% above HPI

8B 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 four 8B ELMS ROAD sales between June 1995 and April 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 May 2010 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8B ELMS ROAD?

8B ELMS ROAD is 115m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 8B ELMS ROAD lies on this distribution: 49% of detached houses are smaller than 8B ELMS ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8B ELMS ROAD: Plot and Title Map

8B ELMS ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8B 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 8B 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 8B ELMS ROAD?

8B ELMS ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 8B on ELMS ROAD.