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
2 NARBOROUGH ROAD SOUTH is a large extended detached house of 131m², built sometime between 1900 and 1929. It was last sold for £235,000 in August 2016, which was around 13% below the average August 2016 detached price in the Blaby local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 NARBOROUGH ROAD SOUTH since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 2 NARBOROUGH ROAD SOUTH 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 |
---|---|---|---|
2016 25 AUG | £235,000 | £270,455 | 13% below HPI |
1995 18 DEC | £56,000 | £75,332 | 26% below HPI |
The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 2 NARBOROUGH ROAD SOUTH sales from December 1995 and August 2016 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 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
2 NARBOROUGH ROAD SOUTH is 131m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 2 NARBOROUGH ROAD SOUTH lies on this distribution: 65% of detached houses are smaller than 2 NARBOROUGH ROAD SOUTH, and 34% of houses are larger. Note that EPC data is not available for all properties in Leicester.
2 NARBOROUGH ROAD SOUTH sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 NARBOROUGH ROAD SOUTH, 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 NARBOROUGH ROAD SOUTH). 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.
2 NARBOROUGH ROAD SOUTH is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 2 on NARBOROUGH ROAD SOUTH.