17, HOBSON ROAD, LEICESTER, LE4 2AR - £220,000

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.

17 HOBSON ROAD is a very small extended detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £250,114. It was last sold for £220,000 in September 2021, which was around 35% below the average September 2021 detached price in the Leicester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

17 HOBSON ROAD Sold Prices

Land registry data shows three sales for 17 HOBSON 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 17 HOBSON 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 28 SEP	£220,000	£339,590	35% below HPI
2018 19 JAN	£160,000	£280,929	43% below HPI
2010 15 JAN	£113,500	£190,895	41% below HPI

17 HOBSON 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 17 HOBSON ROAD sales between January 2010 and September 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 January 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 17 HOBSON ROAD be worth now?

17 HOBSON ROAD might now be worth an estimated £250,114.

This is based on house price inflation of 13.7%, between September 2021 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 17 HOBSON ROAD of £220,000 on 28th September 2021. For the value to have increased from £220,000 to £250,114 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 HOBSON ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HOBSON ROAD has not materially changed since September 2021.

How Large is 17 HOBSON ROAD?

17 HOBSON ROAD is 66m², which includes one extension, according to the EPC inspection conducted in April 2017. 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 17 HOBSON ROAD lies on this distribution: 5% of detached houses houses are smaller than 17 HOBSON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

17 HOBSON ROAD: Plot and Title Map

17 HOBSON ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 17 HOBSON 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 17 HOBSON 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 17 HOBSON ROAD?

17 HOBSON ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 17 on HOBSON ROAD.