48 Grace Road, Leicester, LE2 8AE is a freehold terraced property built between 1900-1929. The property offers approximately 786 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £212,748 , which equates to approximately £271 per square foot. It was last sold on 31 May 2007 for £117,500. Since then, the value has increased by £95,248, representing a 81.1% increase, or approximately 4.4% per year.

The current estimated value of £212,748 is:

  • 7.9% lower than the average property price on Grace Road
  • 1.3% higher than the average in the LE2 8AE postcode area
  • and 26.4% lower than the average price for Leicester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 19 April 2023, the property was recorded as rented.

View sold house prices in LE2 8AE

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
786 sq ft
Tenure
Freehold
Price (estimate)
£212,748
Price Per sq ft (estimate)
£271
Bedroom Count (estimate)
2 bedrooms

EPC Summary

48 Grace Road, Leicester, LE2 8AE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Apr 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Oct 2012. The rating of D remains the same, but the energy efficiency score improved by 4.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 50 mm loft insulation, changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 92% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to LE2 8AE

11 th / 17
Price Rank
1% higher than average
10 th / 16
Size Rank
8% smaller than average
4 th / 16
Price Per Sq FT Rank
10% higher than average

Compared to other properties in LE2 8AE , this house's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 4th out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 16 properties in its postcode area.

Sale History

Today
£212,748
streetscan.co.uk estimate
+81 %
31 May 2007
£117,500
Leasehold
+48.7 %
29 Aug 2003
£79,000
Leasehold
+125.7 %
15 Sep 2000
£35,000
Leasehold
0 %
6 Jan 1995
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 753 sq ft
sale price: £183,748
sale date: 3 May 2024
rooms: 4
size: 764 sq ft
sale price: £102,500
sale date: 19 Jan 2007
rooms: 5
size: 761 sq ft
sale price: £110,000
sale date: 30 Jun 2006
rooms: 4
size: 743 sq ft
sale price: £54,950
sale date: 28 Mar 2002
rooms: 4
size: 721 sq ft
sale price: £183,500
sale date: 14 Aug 2024

Data Sources

The property at 48 Grace Road, Leicester, LE2 8AE appears four times in the Land Registry records, with the latest transaction recorded on 31 May 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Apr 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.