3, LORNE ROAD, LEICESTER, LE2 1YF - £380,000

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.

3 LORNE ROAD is a large extended detached house of 135m², built sometime between 1900 and 1929, which could now be worth an estimated £459,027. It was last sold for £380,000 in August 2020, which was around 19% above the average August 2020 detached price in the Leicester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

3 LORNE ROAD Sold Prices

Land registry data shows three sales for 3 LORNE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 3 LORNE 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
2020 4 AUG	£380,000	£319,607	19% above HPI
2016 14 OCT	£280,000	£256,193	9% above HPI
2004 2 AUG	£250,000	£192,636	30% above HPI

3 LORNE 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 three 3 LORNE ROAD sales between August 2004 and August 2020 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 October 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 3 LORNE ROAD be worth now?

3 LORNE ROAD might now be worth an estimated £459,027.

This is based on house price inflation of 20.8%, between August 2020 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 20.8% inflationary increase is applied to the most recent sale price for 3 LORNE ROAD of £380,000 on 4th August 2020. For the value to have increased from £380,000 to £459,027 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 LORNE ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The August 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LORNE ROAD has not materially changed since August 2020.

How Large is 3 LORNE ROAD?

3 LORNE ROAD is 135m², which includes two extensions, according to the EPC inspection conducted in December 2019. 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 3 LORNE ROAD lies on this distribution: 68% of detached houses houses are smaller than 3 LORNE ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 LORNE ROAD: Plot and Title Map

3 LORNE ROAD sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 LORNE 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 LORNE 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 LORNE ROAD?

3 LORNE ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 3 on LORNE ROAD.