2, GAINSFORD ROAD, LEICESTER, LE5 0BU - £225,000

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 GAINSFORD ROAD is a midsized extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £227,258. It was last sold for £225,000 in April 2024, which was around 40% below the average April 2024 detached price in the Leicester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

2 GAINSFORD ROAD Sold Prices

Land registry data shows two sales for 2 GAINSFORD 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 2 GAINSFORD 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
2024 12 APR	£225,000	£376,222	40% below HPI
2015 22 DEC	£140,000	£236,762	41% below HPI

2 GAINSFORD 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 2 GAINSFORD ROAD sales from December 2015 and April 2024 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 December 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2024 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 GAINSFORD ROAD be worth now?

2 GAINSFORD ROAD might now be worth an estimated £227,258.

This is based on house price inflation of 1%, between April 2024 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 1% inflationary increase is applied to the most recent sale price for 2 GAINSFORD ROAD of £225,000 on 12th April 2024. For the value to have increased from £225,000 to £227,258 over the one year and one month to March 2025, the following assumptions must hold true:

• The value of 2 GAINSFORD ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2024 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GAINSFORD ROAD has not materially changed since April 2024.

How Large is 2 GAINSFORD ROAD?

2 GAINSFORD ROAD is 126m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% 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 GAINSFORD ROAD lies on this distribution: 60% of detached houses houses are smaller than 2 GAINSFORD ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 GAINSFORD ROAD: Plot and Title Map

2 GAINSFORD ROAD sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 2 GAINSFORD 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 GAINSFORD 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 GAINSFORD ROAD?

2 GAINSFORD ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 2 on GAINSFORD ROAD.