57, CRANESBILL ROAD, HAMILTON, LEICESTER, LE5 1TA - £235,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

57 CRANESBILL ROAD is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £235,000 in May 2022, which was around 38% below the average May 2022 detached price in the Leicester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

57 CRANESBILL ROAD Sold Prices

Land registry data shows two sales for 57 CRANESBILL 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 57 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
2022 6 MAY	£235,000	£380,994	38% below HPI
2002 22 NOV	£88,950	£145,764	39% below HPI

57 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 two 57 CRANESBILL ROAD sales from November 2002 and May 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 November 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 57 CRANESBILL ROAD?

57 CRANESBILL ROAD is 65m² according to the EPC inspection conducted in February 2022. 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 57 CRANESBILL ROAD lies on this distribution: 4% of detached houses are smaller than 57 CRANESBILL ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

57 CRANESBILL ROAD: Plot and Title Map

57 CRANESBILL ROAD sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 57 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 57 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 57 CRANESBILL ROAD?

57 CRANESBILL ROAD is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 57 on CRANESBILL ROAD.