2, RADIANT ROAD, LEICESTER, LE5 2HR - £173,500

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 RADIANT ROAD is a very small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £173,500 in October 2015, which was around 28% below the average October 2015 detached price in the Leicester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 RADIANT ROAD Sold Prices

Land registry data shows two sales for 2 RADIANT 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 RADIANT 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
2015 16 OCT	£173,500	£242,312	28% below HPI
1999 29 MAR	£68,000	£77,426	12% below HPI

2 RADIANT 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 RADIANT ROAD sales from March 1999 and October 2015 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 March 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 RADIANT ROAD?

2 RADIANT ROAD is 85m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 RADIANT ROAD lies on this distribution: 18% of detached houses are smaller than 2 RADIANT ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 RADIANT ROAD: Plot and Title Map

2 RADIANT ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2 RADIANT 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 RADIANT 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 RADIANT ROAD?

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