40, NURSERY ROAD, LEICESTER, LE5 2HQ - £351,000

40 NURSERY ROAD is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £351,000 in March 2020, which was around 9% above the average March 2020 detached price in the Leicester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

40 NURSERY ROAD Sold Prices

Land registry data shows three sales for 40 NURSERY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Two of the three 40 NURSERY ROAD sales were for above the average price, whilst one 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
2020 20 MAR	£351,000	£323,425	9% above HPI
2002 13 SEP	£170,000	£140,760	21% above HPI
1999 27 OCT	£69,000	£82,337	16% below HPI

40 NURSERY 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 three 40 NURSERY ROAD sales between October 1999 and March 2020 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 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the March 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 40 NURSERY ROAD?

40 NURSERY ROAD is 100m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 40 NURSERY ROAD lies on this distribution: 34% of detached houses are smaller than 40 NURSERY ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 NURSERY ROAD: Plot and Title Map

40 NURSERY ROAD sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of 40 NURSERY 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 40 NURSERY 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 40 NURSERY ROAD?

40 NURSERY ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 40 on NURSERY ROAD.