3, NARBOROUGH ROAD, COSBY, LEICESTER, LE9 1TA - £455,000

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 NARBOROUGH ROAD is a large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £536,060. It was last sold for £455,000 in February 2021, which was around 37% above the average February 2021 detached price in the Blaby local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

3 NARBOROUGH ROAD Sold Prices

Land registry data shows three sales for 3 NARBOROUGH 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 Blaby local authority area for the corresponding sale date. Two of the three 3 NARBOROUGH ROAD sales were for above the average price, whilst one 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
2021 26 FEB	£455,000	£331,241	37% above HPI
2017 21 DEC	£20,000	£295,887	93% below HPI
2017 3 JUL	£410,000	£280,320	46% above HPI

3 NARBOROUGH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 3 NARBOROUGH ROAD sales between July 2017 and February 2021 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 2017 sale was for 93% below the HPI. So the extrapolation line tracks at 93% below the HPI over time, until the February 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 3 NARBOROUGH ROAD be worth now?

3 NARBOROUGH ROAD might now be worth an estimated £536,060.

This is based on house price inflation of 17.8%, between February 2021 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.8% inflationary increase is applied to the most recent sale price for 3 NARBOROUGH ROAD of £455,000 on 26th February 2021. For the value to have increased from £455,000 to £536,060 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 NARBOROUGH ROAD has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NARBOROUGH ROAD has not materially changed since February 2021.

How Large is 3 NARBOROUGH ROAD?

3 NARBOROUGH ROAD is 159m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses houses in Cosby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cosby, and where 3 NARBOROUGH ROAD lies on this distribution: 73% of detached houses houses are smaller than 3 NARBOROUGH ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Cosby.

3 NARBOROUGH ROAD: Plot and Title Map

3 NARBOROUGH ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 3 NARBOROUGH 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 NARBOROUGH 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 NARBOROUGH ROAD?

3 NARBOROUGH ROAD is located in COSBY, in the LE9 postcode district. The below map shows the position of No. 3 on NARBOROUGH ROAD.