8, SHANKLIN GARDENS, LEICESTER, LE2 3QJ - £447,500

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.

8 SHANKLIN GARDENS is a large detached house of 155m², built sometime between 1983 and 1990, which could now be worth an estimated £581,093. It was last sold for £447,500 in May 2019, which was around 51% above the average May 2019 detached price in the Leicester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

8 SHANKLIN GARDENS Sold Prices

Land registry data shows three sales for 8 SHANKLIN GARDENS 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 SHANKLIN GARDENS 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
2019 10 MAY	£447,500	£297,316	51% above HPI
2015 14 JAN	£350,000	£219,652	59% above HPI
2014 24 JUL	£361,000	£215,885	67% above HPI

8 SHANKLIN GARDENS 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 SHANKLIN GARDENS sales between July 2014 and May 2019 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 January 2015 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the May 2019 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 8 SHANKLIN GARDENS be worth now?

8 SHANKLIN GARDENS might now be worth an estimated £581,093.

This is based on house price inflation of 29.9%, between May 2019 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.9% inflationary increase is applied to the most recent sale price for 8 SHANKLIN GARDENS of £447,500 on 10th May 2019. For the value to have increased from £447,500 to £581,093 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 8 SHANKLIN GARDENS has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2019 sale price of £447,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SHANKLIN GARDENS has not materially changed since May 2019.

How Large is 8 SHANKLIN GARDENS?

8 SHANKLIN GARDENS is 155m² according to the EPC inspection conducted in March 2010. This puts it in the largest 30% 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 8 SHANKLIN GARDENS lies on this distribution: 79% of detached houses houses are smaller than 8 SHANKLIN GARDENS, and 21% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 SHANKLIN GARDENS: Plot and Title Map

8 SHANKLIN GARDENS sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 8 SHANKLIN GARDENS, 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 SHANKLIN GARDENS). 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 SHANKLIN GARDENS?

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