3, PARKSTONE ROAD, DESFORD, LEICESTER, LE9 9HY - £530,000

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 PARKSTONE ROAD is a small extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £618,857. It was last sold for £530,000 in June 2021, which was around 62% above the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was A.

3 PARKSTONE ROAD Sold Prices

Land registry data shows four sales for 3 PARKSTONE 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 Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 3 PARKSTONE 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
2021 8 JUN	£530,000	£326,983	62% above HPI
2018 29 OCT	£257,000	£298,502	14% below HPI
2007 17 APR	£232,500	£221,720	5% above HPI
2003 11 DEC	£208,000	£175,648	18% above HPI

3 PARKSTONE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 3 PARKSTONE ROAD sales between December 2003 and June 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 October 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 3 PARKSTONE ROAD be worth now?

3 PARKSTONE ROAD might now be worth an estimated £618,857.

This is based on house price inflation of 16.8%, between June 2021 and December 2024, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 3 PARKSTONE ROAD of £530,000 on 8th June 2021. For the value to have increased from £530,000 to £618,857 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 3 PARKSTONE ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The June 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKSTONE ROAD has not materially changed since June 2021.

How Large is 3 PARKSTONE ROAD?

3 PARKSTONE ROAD is 115m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses houses in Desford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Desford, and where 3 PARKSTONE ROAD lies on this distribution: 34% of detached houses houses are smaller than 3 PARKSTONE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Desford.

3 PARKSTONE ROAD: Plot and Title Map

3 PARKSTONE ROAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 3 PARKSTONE 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 PARKSTONE 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 PARKSTONE ROAD?

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