5, MONTROSE ROAD, LEICESTER, LE2 8SL - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MONTROSE ROAD is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £155,000 in July 2019, which was around 50% below the average July 2019 detached price in the Leicester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

5 MONTROSE ROAD Sold Prices

Land registry data shows two sales for 5 MONTROSE 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. Both of the two 5 MONTROSE ROAD sales were 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 11 JUL	£155,000	£308,473	50% below HPI
2006 27 JAN	£114,000	£201,681	43% below HPI

5 MONTROSE 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 5 MONTROSE ROAD sales from January 2006 and July 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 January 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 5 MONTROSE ROAD?

5 MONTROSE ROAD is 70m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 5 MONTROSE ROAD lies on this distribution: 7% of detached houses are smaller than 5 MONTROSE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 MONTROSE ROAD: Plot and Title Map

5 MONTROSE ROAD sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 5 MONTROSE 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 5 MONTROSE 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 5 MONTROSE ROAD?

5 MONTROSE ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 5 on MONTROSE ROAD.