5, PARK ROAD, NARBOROUGH, LEICESTER, LE19 2GQ - £323,500

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

5 PARK ROAD is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £323,500 in August 2019, which was about the average August 2019 detached price in the Blaby local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

5 PARK ROAD Sold Prices

Land registry data shows three sales for 5 PARK 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 Blaby local authority area for the corresponding sale date. The three 5 PARK ROAD sales were a mix of roughly equal to the average price, and 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
2019 2 AUG	£323,500	£321,914	Close to HPI
2006 25 AUG	£230,000	£223,289	3% above HPI
2000 22 MAR	£250,000	£101,980	145% above HPI

5 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 5 PARK ROAD sales between March 2000 and August 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 August 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 PARK ROAD?

5 PARK ROAD is 119m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 5 PARK ROAD lies on this distribution: 60% of detached houses are smaller than 5 PARK ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Narborough.

5 PARK ROAD: Plot and Title Map

5 PARK ROAD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 5 PARK 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 PARK 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 PARK ROAD?

5 PARK ROAD is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 5 on PARK ROAD.