111, AVERIL ROAD, LEICESTER, LE5 2DE - £332,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

111 AVERIL ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £332,000 in October 2022, which was around 17% below the average October 2022 detached price in the Leicester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

111 AVERIL ROAD Sold Prices

Land registry data shows three sales for 111 AVERIL 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 111 AVERIL 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
2022 28 OCT	£332,000	£398,362	17% below HPI
2003 28 MAR	£132,000	£156,026	15% below HPI
2002 11 NOV	£95,000	£145,764	35% below HPI

111 AVERIL 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 111 AVERIL ROAD sales between November 2002 and October 2022 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 March 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 111 AVERIL ROAD?

111 AVERIL ROAD is 70m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 111 AVERIL ROAD lies on this distribution: 7% of detached houses are smaller than 111 AVERIL ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

111 AVERIL ROAD: Plot and Title Map

111 AVERIL ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 111 AVERIL 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 111 AVERIL 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 111 AVERIL ROAD?

111 AVERIL ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 111 on AVERIL ROAD.