56, RING ROAD, LEICESTER, LE2 3RR - £810,000

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

56 RING ROAD is a very large extended detached house of 252m², built sometime between 1930 and 1949. It was last sold for £810,000 in October 2022, which was around 103% above the average October 2022 detached price in the Leicester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

56 RING ROAD Sold Prices

Land registry data shows two sales for 56 RING 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 56 RING ROAD sales were for 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
2022 10 OCT	£810,000	£398,362	103% above HPI
2012 14 DEC	£275,000	£207,654	32% above HPI

56 RING 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 56 RING ROAD sales from December 2012 and October 2022 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 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2022 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 56 RING ROAD?

56 RING ROAD is 252m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 56 RING ROAD lies on this distribution: 98% of detached houses are smaller than 56 RING ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Leicester.

56 RING ROAD: Plot and Title Map

56 RING ROAD sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 56 RING 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 56 RING 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 56 RING ROAD?

56 RING ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 56 on RING ROAD.