3, HOBY ROAD, THRUSSINGTON, LEICESTER, LE7 4TH - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HOBY ROAD is a very small detached house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £664,323. It was last sold for £410,000 in August 2014, which was around 60% above the average August 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

3 HOBY ROAD Sold Prices

Land registry data shows four sales for 3 HOBY 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 Charnwood local authority area for the corresponding sale date. All of the four 3 HOBY 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
2014 15 AUG	£410,000	£256,879	60% above HPI
2010 15 DEC	£353,000	£239,757	47% above HPI
1999 4 JUN	£169,000	£99,085	71% above HPI
1998 5 NOV	£155,000	£92,660	67% above HPI

3 HOBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 3 HOBY ROAD sales between November 1998 and August 2014 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 2010 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2014 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 3 HOBY ROAD be worth now?

3 HOBY ROAD might now be worth an estimated £664,323.

This is based on house price inflation of 62%, between August 2014 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62% inflationary increase is applied to the most recent sale price for 3 HOBY ROAD of £410,000 on 15th August 2014. For the value to have increased from £410,000 to £664,323 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HOBY ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2014 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HOBY ROAD has not materially changed since August 2014.

How Large is 3 HOBY ROAD?

3 HOBY ROAD is 87m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses houses in Thrussington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thrussington, and where 3 HOBY ROAD lies on this distribution: 6% of detached houses houses are smaller than 3 HOBY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Thrussington.

3 HOBY ROAD: Plot and Title Map

3 HOBY ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 HOBY 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 3 HOBY 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 3 HOBY ROAD?

3 HOBY ROAD is located in THRUSSINGTON, in the LE7 postcode district. The below map shows the position of No. 3 on HOBY ROAD.