3, NARBOROUGH ROAD SOUTH, LEICESTER, LE3 2HA - £350,000

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

3 NARBOROUGH ROAD SOUTH is a midsized extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £350,000 in November 2022, which was around 14% below the average November 2022 detached price in the Blaby local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

3 NARBOROUGH ROAD SOUTH Sold Prices

Land registry data shows three sales for 3 NARBOROUGH ROAD SOUTH 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. All of the three 3 NARBOROUGH ROAD SOUTH 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
2022 23 NOV	£350,000	£405,777	14% below HPI
2016 26 SEP	£211,225	£274,977	23% below HPI
2014 19 AUG	£127,395	£244,569	48% below HPI

3 NARBOROUGH ROAD SOUTH 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 SOUTH sales between August 2014 and November 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 September 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 NARBOROUGH ROAD SOUTH?

3 NARBOROUGH ROAD SOUTH is 112m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 3 NARBOROUGH ROAD SOUTH lies on this distribution: 47% of detached houses are smaller than 3 NARBOROUGH ROAD SOUTH, and 53% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 NARBOROUGH ROAD SOUTH: Plot and Title Map

3 NARBOROUGH ROAD SOUTH sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 3 NARBOROUGH ROAD SOUTH, 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 SOUTH). 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 SOUTH?

3 NARBOROUGH ROAD SOUTH is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 3 on NARBOROUGH ROAD SOUTH.