4, SUMMERLEA ROAD, LEICESTER, LE5 2GF - £320,000

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

4 SUMMERLEA ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £320,000 in October 2019, which was around 3% above the average October 2019 detached price in the Leicester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

4 SUMMERLEA ROAD Sold Prices

Land registry data shows two sales for 4 SUMMERLEA 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 4 SUMMERLEA 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
2019 16 OCT	£320,000	£312,026	3% above HPI
2014 15 MAY	£175,000	£218,736	20% below HPI

4 SUMMERLEA 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 4 SUMMERLEA ROAD sales from May 2014 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 May 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 SUMMERLEA ROAD?

4 SUMMERLEA ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 4 SUMMERLEA ROAD lies on this distribution: 49% of detached houses are smaller than 4 SUMMERLEA ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 SUMMERLEA ROAD: Plot and Title Map

4 SUMMERLEA ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 4 SUMMERLEA 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 4 SUMMERLEA 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 4 SUMMERLEA ROAD?

4 SUMMERLEA ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 4 on SUMMERLEA ROAD.