27, TRUEWAY ROAD, LEICESTER, LE5 5UG - £530,000

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.

27 TRUEWAY ROAD is a very large extended detached house of 174m², built sometime between 1950 and 1966, which could now be worth an estimated £537,006. It was last sold for £530,000 in August 2022, which was around 39% above the average August 2022 detached price in the Leicester local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was D.

27 TRUEWAY ROAD Sold Prices

Land registry data shows two sales for 27 TRUEWAY 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. One of the two 27 TRUEWAY ROAD sales was for above the average price, whilst the other was 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
2022 19 AUG	£530,000	£381,037	39% above HPI
1996 24 MAY	£54,000	£65,968	18% below HPI

27 TRUEWAY 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 27 TRUEWAY ROAD sales from May 1996 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 May 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 27 TRUEWAY ROAD be worth now?

27 TRUEWAY ROAD might now be worth an estimated £537,006.

This is based on house price inflation of 1.3%, between August 2022 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 1.3% inflationary increase is applied to the most recent sale price for 27 TRUEWAY ROAD of £530,000 on 19th August 2022. For the value to have increased from £530,000 to £537,006 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 27 TRUEWAY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2022 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 27 TRUEWAY ROAD has not materially changed since August 2022.

How Large is 27 TRUEWAY ROAD?

27 TRUEWAY ROAD is 174m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% 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 27 TRUEWAY ROAD lies on this distribution: 86% of detached houses houses are smaller than 27 TRUEWAY ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Leicester.

27 TRUEWAY ROAD: Plot and Title Map

27 TRUEWAY ROAD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 27 TRUEWAY 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 27 TRUEWAY 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 27 TRUEWAY ROAD?

27 TRUEWAY ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 27 on TRUEWAY ROAD.