41, RING ROAD, LEICESTER, LE2 3RS - £562,000

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

41 RING ROAD is a very large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £562,000 in December 2023, which was around 41% above the average December 2023 detached price in the Leicester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

41 RING ROAD Sold Prices

Land registry data shows four sales for 41 RING ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the four 41 RING ROAD sales were for above 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
2023 15 DEC	£562,000	£397,546	41% above HPI
2010 22 OCT	£299,995	£209,491	43% above HPI
2002 30 AUG	£166,500	£137,190	21% above HPI
2001 12 JUL	£185,000	£102,628	80% above HPI

41 RING 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 four 41 RING ROAD sales between July 2001 and December 2023 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 October 2010 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2023 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 41 RING ROAD?

41 RING ROAD is 161m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 41 RING ROAD lies on this distribution: 82% of detached houses are smaller than 41 RING ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Leicester.

41 RING ROAD: Plot and Title Map

41 RING ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 41 RING 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 41 RING 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 41 RING ROAD?

41 RING ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 41 on RING ROAD.