48, NURSERY ROAD, LEICESTER, LE5 2HQ - £295,000

48 NURSERY ROAD is a very large extended detached house of 162m², built sometime from 2007 onwards. It was last sold for £295,000 in July 2018, which was about the average July 2018 detached price in the Leicester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

48 NURSERY ROAD Sold Prices

Land registry data shows three sales for 48 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. The three 48 NURSERY ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2018 31 JUL	£295,000	£296,110	Close to HPI
2007 14 DEC	£220,000	£222,450	1% below HPI
2004 25 OCT	£350,000	£204,128	71% above HPI

48 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 48 NURSERY ROAD sales between October 2004 and July 2018 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 December 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 48 NURSERY ROAD?

48 NURSERY ROAD is 162m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 48 NURSERY ROAD lies on this distribution: 82% of detached houses are smaller than 48 NURSERY ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 NURSERY ROAD: Plot and Title Map

48 NURSERY ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 48 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 48 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 48 NURSERY ROAD?

48 NURSERY ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 48 on NURSERY ROAD.