62, PIERS ROAD, GLENFIELD, LEICESTER, LE3 8BN - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 PIERS ROAD is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £335,535. It was last sold for £340,000 in February 2023, which was around 14% below the average February 2023 detached price in the Blaby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

62 PIERS ROAD Sold Prices

Land registry data shows two sales for 62 PIERS 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 Blaby local authority area for the corresponding sale date. Both of the two 62 PIERS 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
2023 23 FEB	£340,000	£395,446	14% below HPI
1998 12 NOV	£74,000	£87,863	16% below HPI

62 PIERS 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 two 62 PIERS ROAD sales from November 1998 and February 2023 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 62 PIERS ROAD be worth now?

62 PIERS ROAD might now be worth an estimated £335,535.

This is based on house price deflation of 1.3%, between February 2023 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% deflationary decrease is applied to the most recent sale price for 62 PIERS ROAD of £340,000 on 23rd February 2023. For the value to have decreased from £340,000 to £335,535 over the two years to February 2025, the following assumptions must hold true:

• The value of 62 PIERS ROAD has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 62 PIERS ROAD has not materially changed since February 2023.

How Large is 62 PIERS ROAD?

62 PIERS ROAD is 74m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 62 PIERS ROAD lies on this distribution: 9% of detached houses houses are smaller than 62 PIERS ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Leicester.

62 PIERS ROAD: Plot and Title Map

62 PIERS ROAD sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 62 PIERS 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 62 PIERS 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 62 PIERS ROAD?

62 PIERS ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 62 on PIERS ROAD.