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

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.

5 MONTROSE ROAD is a very small detached house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £199,547. It was last sold for £155,000 in July 2019, which was around 48% 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	£299,886	48% below HPI
2006 27 JAN	£114,000	£196,067	42% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 5 MONTROSE ROAD be worth now?

5 MONTROSE ROAD might now be worth an estimated £199,547.

This is based on house price inflation of 28.7%, between July 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 28.7% inflationary increase is applied to the most recent sale price for 5 MONTROSE ROAD of £155,000 on 11th July 2019. For the value to have increased from £155,000 to £199,547 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MONTROSE ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONTROSE ROAD has not materially changed since July 2019.

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 houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 5 MONTROSE ROAD lies on this distribution: 7% of detached houses 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 0.043 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.