8, RING ROAD, LEICESTER, LE2 3RR - £733,000

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

8 RING ROAD is a very large extended detached house of 259m², built sometime between 1930 and 1949. It was last sold for £733,000 in December 2023, which was around 84% above the average December 2023 detached price in the Leicester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

8 RING ROAD Sold Prices

Land registry data shows three sales for 8 RING 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 8 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
2023 8 DEC	£733,000	£397,943	84% above HPI
2013 22 JUL	£410,000	£209,680	96% above HPI
2006 15 NOV	£295,000	£208,574	41% above HPI

8 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 three 8 RING ROAD sales between November 2006 and December 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 July 2013 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the December 2023 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 8 RING ROAD?

8 RING ROAD is 259m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 8 RING ROAD lies on this distribution: 98% of detached houses are smaller than 8 RING ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 RING ROAD: Plot and Title Map

8 RING ROAD sits on a plot of roughly 0.296 of an acre, or 1,197m². The below map shows the location of 8 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 8 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 8 RING ROAD?

8 RING ROAD is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 8 on RING ROAD.