3, SOUTHLAND ROAD, LEICESTER, LE2 3RJ - £509,000

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 SOUTHLAND ROAD is a large extended detached house of 151m², built sometime between 1950 and 1966, which could now be worth an estimated £647,824. It was last sold for £509,000 in October 2019, which was around 68% above the average October 2019 detached price in the Leicester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

3 SOUTHLAND ROAD Sold Prices

Land registry data shows two sales for 3 SOUTHLAND 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 SOUTHLAND 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
2019 25 OCT	£509,000	£303,341	68% above HPI
2017 23 JUN	£330,000	£263,997	25% above HPI

3 SOUTHLAND 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 SOUTHLAND ROAD sales from June 2017 and October 2019 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 June 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2019 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 3 SOUTHLAND ROAD be worth now?

3 SOUTHLAND ROAD might now be worth an estimated £647,824.

This is based on house price inflation of 27.3%, between October 2019 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 27.3% inflationary increase is applied to the most recent sale price for 3 SOUTHLAND ROAD of £509,000 on 25th October 2019. For the value to have increased from £509,000 to £647,824 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SOUTHLAND ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2019 sale price of £509,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOUTHLAND ROAD has not materially changed since October 2019.

How Large is 3 SOUTHLAND ROAD?

3 SOUTHLAND ROAD is 151m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 SOUTHLAND ROAD lies on this distribution: 78% of detached houses houses are smaller than 3 SOUTHLAND ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 SOUTHLAND ROAD: Plot and Title Map

3 SOUTHLAND ROAD sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 3 SOUTHLAND 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 SOUTHLAND 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 SOUTHLAND ROAD?

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