Flat 5, The Beeches, 594 Gipsy Lane, Leicester, LE5 0TB is a leasehold flat built between 1996-2002. The property offers approximately 603 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £124,365 , which equates to approximately £206 per square foot. It was last sold on 17 Oct 2014 for £77,000. Since then, the value has increased by £47,365, representing a 61.5% increase, or approximately 5.5% per year.

The current estimated value of £124,365 is:

  • 49.5% lower than the average property price on Gipsy Lane
  • 41.4% lower than the average in the LE5 0TB postcode area
  • and 57.8% 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 21 May 2024, the property was recorded as rented.

View sold house prices in LE5 0TB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£124,365
Price Per sq ft (estimate)
£206
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, The Beeches, 594 Gipsy Lane, Leicester, LE5 0TB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 May 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jun 2014, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 6.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to LE5 0TB

9 th / 14
Price Rank
41% lower than average
5 th / 11
Size Rank
14% smaller than average
8 th / 11
Price Per Sq FT Rank
32% lower than average

Compared to other properties in LE5 0TB , this flat's estimated value ranks 9th out of 14. Based on price per square foot, it ranks 8th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 11 properties in its postcode area.

Sale History

Today
£124,365
streetscan.co.uk estimate
+62 %
17 Oct 2014
£77,000
Leasehold
+58.8 %
14 Dec 2001
£48,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 624 sq ft
sale price: £116,000
sale date: 10 Oct 2022
rooms: 3
size: 560 sq ft
sale price: £107,500
sale date: 12 Nov 2021
rooms: 3
size: 560 sq ft
sale price: £82,000
sale date: 19 May 2006

Data Sources

The property at Flat 5, The Beeches, 594 Gipsy Lane, Leicester, LE5 0TB appears two times in the Land Registry records, with the latest transaction recorded on 17 Oct 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 May 2024. 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.