3, TOURNAMENT ROAD, GLENFIELD, LEICESTER, LE3 8FP - £285,000

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 TOURNAMENT ROAD is a very small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £285,000 in September 2022, which was around 29% below the average September 2022 detached price in the Blaby local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

3 TOURNAMENT ROAD Sold Prices

Land registry data shows two sales for 3 TOURNAMENT 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 Blaby local authority area for the corresponding sale date. Both of the two 3 TOURNAMENT 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
2022 23 SEP	£285,000	£400,944	29% below HPI
2002 17 MAY	£88,000	£137,296	36% below HPI

3 TOURNAMENT ROAD 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 two 3 TOURNAMENT ROAD sales from May 2002 and September 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 May 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 TOURNAMENT ROAD?

3 TOURNAMENT ROAD is 75m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 TOURNAMENT ROAD lies on this distribution: 10% of detached houses are smaller than 3 TOURNAMENT ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 TOURNAMENT ROAD: Plot and Title Map

3 TOURNAMENT ROAD sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 3 TOURNAMENT 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 TOURNAMENT 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 TOURNAMENT ROAD?

3 TOURNAMENT ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 3 on TOURNAMENT ROAD.