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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

111 AVERIL ROAD is a very small detached house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £331,373. It was last sold for £332,000 in October 2022, which was around 14% 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	£387,274	14% below HPI
2003 28 MAR	£132,000	£151,683	13% below HPI
2002 11 NOV	£95,000	£141,707	33% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 111 AVERIL ROAD be worth now?

111 AVERIL ROAD might now be worth an estimated £331,373.

This is based on house price deflation of 0.2%, between October 2022 and December 2024, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for 111 AVERIL ROAD of £332,000 on 28th October 2022. For the value to have decreased from £332,000 to £331,373 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 111 AVERIL ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2022 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 111 AVERIL ROAD has not materially changed since October 2022.

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 houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 111 AVERIL ROAD lies on this distribution: 7% of detached houses 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.