14, LANESBOROUGH ROAD, LEICESTER, LE4 7NG - £305,000

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

14 LANESBOROUGH ROAD is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £305,000 in September 2022, which was around 22% below the average September 2022 detached price in the Leicester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

14 LANESBOROUGH ROAD Sold Prices

Land registry data shows two sales for 14 LANESBOROUGH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 14 LANESBOROUGH 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 7 SEP	£305,000	£390,726	22% below HPI
2012 31 AUG	£180,000	£207,303	13% below HPI

14 LANESBOROUGH 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 two 14 LANESBOROUGH ROAD sales from August 2012 and September 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 August 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 14 LANESBOROUGH ROAD?

14 LANESBOROUGH ROAD is 75m² according to the EPC inspection conducted in April 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 14 LANESBOROUGH ROAD lies on this distribution: 10% of detached houses are smaller than 14 LANESBOROUGH ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

14 LANESBOROUGH ROAD: Plot and Title Map

14 LANESBOROUGH ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 14 LANESBOROUGH 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 14 LANESBOROUGH 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 14 LANESBOROUGH ROAD?

14 LANESBOROUGH ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 14 on LANESBOROUGH ROAD.