55, CRANESBILL ROAD, HAMILTON, LEICESTER, LE5 1TA - £190,000

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

55 CRANESBILL ROAD is a very small extended detached house of 63m², built sometime between 1983 and 1990. It was last sold for £190,000 in September 2020, which was around 42% below the average September 2020 detached price in the Leicester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

55 CRANESBILL ROAD Sold Prices

Land registry data shows three sales for 55 CRANESBILL 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. All of the three 55 CRANESBILL 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
2020 18 SEP	£190,000	£328,463	42% below HPI
2002 19 APR	£81,500	£120,623	32% below HPI
1998 11 SEP	£52,500	£76,820	32% below HPI

55 CRANESBILL 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 55 CRANESBILL ROAD sales between September 1998 and September 2020 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 April 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 55 CRANESBILL ROAD?

55 CRANESBILL ROAD is 63m², which includes two extensions, according to the EPC inspection conducted in December 2013. 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 55 CRANESBILL ROAD lies on this distribution: 4% of detached houses are smaller than 55 CRANESBILL ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

55 CRANESBILL ROAD: Plot and Title Map

55 CRANESBILL ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 55 CRANESBILL 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 55 CRANESBILL 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 55 CRANESBILL ROAD?

55 CRANESBILL ROAD is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 55 on CRANESBILL ROAD.