346, HINCKLEY ROAD, LEICESTER, LE3 0TN - £200,000

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.

346 HINCKLEY ROAD is a midsized extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £421,053. It was last sold for £200,000 in July 2009, which was around 9% above the average July 2009 detached price in the Leicester local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

346 HINCKLEY ROAD Sold Prices

Land registry data shows two sales for 346 HINCKLEY 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. One of the two 346 HINCKLEY ROAD sales was for above the average price, whilst the other was 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
2009 28 JUL	£200,000	£183,385	9% above HPI
2004 20 FEB	£153,000	£175,392	13% below HPI

346 HINCKLEY 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 346 HINCKLEY ROAD sales from February 2004 and July 2009 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 February 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2009 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 346 HINCKLEY ROAD be worth now?

346 HINCKLEY ROAD might now be worth an estimated £421,053.

This is based on house price inflation of 110.5%, between July 2009 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 110.5% inflationary increase is applied to the most recent sale price for 346 HINCKLEY ROAD of £200,000 on 28th July 2009. For the value to have increased from £200,000 to £421,053 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 346 HINCKLEY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2009 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 346 HINCKLEY ROAD has not materially changed since July 2009.

How Large is 346 HINCKLEY ROAD?

346 HINCKLEY ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% 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 346 HINCKLEY ROAD lies on this distribution: 49% of detached houses houses are smaller than 346 HINCKLEY ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Leicester.

346 HINCKLEY ROAD: Plot and Title Map

346 HINCKLEY ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 346 HINCKLEY 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 346 HINCKLEY 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 346 HINCKLEY ROAD?

346 HINCKLEY ROAD is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 346 on HINCKLEY ROAD.