Just to add to the evidence in support of the Leicester Road connection:
15 March 1937: Leicester Daily Mercury, has a report of a house-breaking in "Western-terrace, Leicester-road, Lutterworth". Names mentioned are Ada Weston and her son Bertram.
I've drawn a blank on map searches. There is an intriguing short terrace of older houses on the west side of Leicester Road, just before the junction with Crescent Road. These six houses are currently numbered 23-33 (odd numbers) but on the 1962 large scale map they are numbered 1-11. Heading north, out of town, from there everything looks redeveloped or 1930s semis.