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

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 SOUTHLAND ROAD is a large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £509,000 in October 2019, which was around 63% 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	£312,026	63% above HPI
2017 23 JUN	£330,000	£271,556	22% 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 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2019 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

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 in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 3 SOUTHLAND ROAD lies on this distribution: 78% of detached 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.