3, OVERSTRAND ROAD, HAMILTON, LEICESTER, LE5 1AT - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 OVERSTRAND ROAD is a very small detached house of 68m², built sometime between 2003 and 2006. It was last sold for £155,000 in September 2010, which was around 26% below the average September 2010 detached price in the Leicester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

3 OVERSTRAND ROAD Sold Prices

Land registry data shows two sales for 3 OVERSTRAND 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. Both of the two 3 OVERSTRAND ROAD 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
2010 28 SEP	£155,000	£209,755	26% below HPI
2007 27 APR	£160,000	£214,346	25% below HPI

3 OVERSTRAND 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 3 OVERSTRAND ROAD sales from April 2007 and September 2010 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 April 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 OVERSTRAND ROAD?

3 OVERSTRAND ROAD is 68m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 OVERSTRAND ROAD lies on this distribution: 6% of detached houses are smaller than 3 OVERSTRAND ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 OVERSTRAND ROAD: Plot and Title Map

3 OVERSTRAND ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 3 OVERSTRAND 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 OVERSTRAND 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 OVERSTRAND ROAD?

3 OVERSTRAND ROAD is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 3 on OVERSTRAND ROAD.