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

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.

4 SUMMERLEA ROAD is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £407,277. It was last sold for £320,000 in October 2019, which was around 5% 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	£303,341	5% above HPI
2014 15 MAY	£175,000	£212,648	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 SUMMERLEA ROAD be worth now?

4 SUMMERLEA ROAD might now be worth an estimated £407,277.

This is based on house price inflation of 27.3%, between October 2019 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 27.3% inflationary increase is applied to the most recent sale price for 4 SUMMERLEA ROAD of £320,000 on 16th October 2019. For the value to have increased from £320,000 to £407,277 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 SUMMERLEA ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SUMMERLEA ROAD has not materially changed since October 2019.

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 houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 4 SUMMERLEA ROAD lies on this distribution: 49% of detached houses 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.