38, PIERS ROAD, GLENFIELD, LEICESTER, LE3 8BN - £290,000

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.

38 PIERS ROAD is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £293,850. It was last sold for £290,000 in May 2024, which was around 25% below the average May 2024 detached price in the Blaby local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

38 PIERS ROAD Sold Prices

Land registry data shows two sales for 38 PIERS 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 38 PIERS 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
2024 29 MAY	£290,000	£385,140	25% below HPI
2018 21 SEP	£200,000	£311,117	36% below HPI

38 PIERS 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 38 PIERS ROAD sales from September 2018 and May 2024 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 September 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 PIERS ROAD be worth now?

38 PIERS ROAD might now be worth an estimated £293,850.

This is based on house price inflation of 1.3%, between May 2024 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 38 PIERS ROAD of £290,000 on 29th May 2024. For the value to have increased from £290,000 to £293,850 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 38 PIERS ROAD has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PIERS ROAD has not materially changed since May 2024.

How Large is 38 PIERS ROAD?

38 PIERS ROAD is 76m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% 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 38 PIERS ROAD lies on this distribution: 10% of detached houses houses are smaller than 38 PIERS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Leicester.

38 PIERS ROAD: Plot and Title Map

38 PIERS ROAD sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 38 PIERS 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 38 PIERS 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 38 PIERS ROAD?

38 PIERS ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 38 on PIERS ROAD.