2, CRAIGHILL ROAD, LEICESTER, LE2 3FA - £350,000

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.

2 CRAIGHILL ROAD is a small extended detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £349,045. It was last sold for £350,000 in August 2022, which was around 8% below the average August 2022 detached price in the Leicester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

2 CRAIGHILL ROAD Sold Prices

Land registry data shows four sales for 2 CRAIGHILL 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 Leicester local authority area for the corresponding sale date. Most of the four 2 CRAIGHILL 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
2022 25 AUG	£350,000	£381,037	8% below HPI
2017 27 JAN	£280,000	£256,539	9% above HPI
2004 18 JUN	£195,000	£186,858	4% above HPI
1999 24 SEP	£90,000	£79,599	13% above HPI

2 CRAIGHILL 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 four 2 CRAIGHILL ROAD sales between September 1999 and August 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 January 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 CRAIGHILL ROAD be worth now?

2 CRAIGHILL ROAD might now be worth an estimated £349,045.

This is based on house price deflation of 0.3%, between August 2022 and March 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 0.3% deflationary decrease is applied to the most recent sale price for 2 CRAIGHILL ROAD of £350,000 on 25th August 2022. For the value to have decreased from £350,000 to £349,045 over the three years and five months to March 2025, the following assumptions must hold true:

• The value of 2 CRAIGHILL ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRAIGHILL ROAD has not materially changed since August 2022.

How Large is 2 CRAIGHILL ROAD?

2 CRAIGHILL ROAD is 87m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 2 CRAIGHILL ROAD lies on this distribution: 20% of detached houses houses are smaller than 2 CRAIGHILL ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 CRAIGHILL ROAD: Plot and Title Map

2 CRAIGHILL ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 CRAIGHILL 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 2 CRAIGHILL 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 2 CRAIGHILL ROAD?

2 CRAIGHILL ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 2 on CRAIGHILL ROAD.