12, PARK ROAD, NARBOROUGH, LEICESTER, LE19 2GQ - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PARK ROAD is a large detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £397,035. It was last sold for £310,000 in July 2018, which was around 2% above the average July 2018 detached price in the Blaby local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

12 PARK ROAD Sold Prices

Land registry data shows four sales for 12 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Most of the four 12 PARK ROAD sales were for above 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
2018 27 JUL	£310,000	£304,705	2% above HPI
2018 22 JUN	£285,000	£303,107	6% below HPI
2010 2 SEP	£280,000	£223,369	25% above HPI
1997 18 APR	£122,950	£77,428	59% above HPI

12 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 12 PARK ROAD sales between April 1997 and July 2018 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 June 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 12 PARK ROAD be worth now?

12 PARK ROAD might now be worth an estimated £397,035.

This is based on house price inflation of 28.1%, between July 2018 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 12 PARK ROAD of £310,000 on 27th July 2018. For the value to have increased from £310,000 to £397,035 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 12 PARK ROAD has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARK ROAD has not materially changed since July 2018.

How Large is 12 PARK ROAD?

12 PARK ROAD is 130m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 12 PARK ROAD lies on this distribution: 70% of detached houses houses are smaller than 12 PARK ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Narborough.

12 PARK ROAD: Plot and Title Map

12 PARK ROAD sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 12 PARK 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 12 PARK 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 12 PARK ROAD?

12 PARK ROAD is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 12 on PARK ROAD.