1, HIGHWAY ROAD, LEICESTER, LE5 5RD - £310,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HIGHWAY ROAD is a small detached house of 105m², built sometime between 1930 and 1949. It was last sold for £310,000 in August 2021, which was around 11% below the average August 2021 detached price in the Leicester local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

1 HIGHWAY ROAD Sold Prices

Land registry data shows three sales for 1 HIGHWAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 1 HIGHWAY ROAD 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
2021 27 AUG	£310,000	£347,068	11% below HPI
2016 14 JUL	£215,000	£259,129	17% below HPI
1998 27 APR	£73,000	£75,213	3% below HPI

1 HIGHWAY 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 three 1 HIGHWAY ROAD sales between April 1998 and August 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 July 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 HIGHWAY ROAD?

1 HIGHWAY ROAD is 105m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 HIGHWAY ROAD lies on this distribution: 39% of detached houses are smaller than 1 HIGHWAY ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 HIGHWAY ROAD: Plot and Title Map

1 HIGHWAY ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 HIGHWAY 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 1 HIGHWAY 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 1 HIGHWAY ROAD?

1 HIGHWAY ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 1 on HIGHWAY ROAD.