57, RING ROAD, LEICESTER, LE2 3RS - £525,000

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

57 RING ROAD is a large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £525,000 in June 2021, which was around 52% above the average June 2021 detached price in the Leicester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was C.

57 RING ROAD Sold Prices

Land registry data shows two sales for 57 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 57 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
2021 28 JUN	£525,000	£345,326	52% above HPI
2011 25 JUL	£310,000	£202,567	53% above HPI

57 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 57 RING ROAD sales from July 2011 and June 2021 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 July 2011 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 57 RING ROAD?

57 RING ROAD is 144m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 30% 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 RING ROAD lies on this distribution: 74% of detached houses are smaller than 57 RING ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Leicester.

57 RING ROAD: Plot and Title Map

57 RING ROAD sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 57 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 57 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 57 RING ROAD?

57 RING ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 57 on RING ROAD.