8, TOURNAMENT ROAD, GLENFIELD, LEICESTER, LE3 8FP - £215,000

8 TOURNAMENT ROAD is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £215,000 in February 2016, which was around 19% below the average February 2016 detached price in the Blaby local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

8 TOURNAMENT ROAD Sold Prices

Land registry data shows three sales for 8 TOURNAMENT 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 Blaby local authority area for the corresponding sale date. All of the three 8 TOURNAMENT 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
2016 5 FEB	£215,000	£266,129	19% below HPI
2003 24 JAN	£124,950	£165,520	25% below HPI
1997 1 AUG	£50,000	£85,830	42% below HPI

8 TOURNAMENT 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 three 8 TOURNAMENT ROAD sales between August 1997 and February 2016 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 TOURNAMENT ROAD?

8 TOURNAMENT ROAD is 88m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 8 TOURNAMENT ROAD lies on this distribution: 22% of detached houses are smaller than 8 TOURNAMENT ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 TOURNAMENT ROAD: Plot and Title Map

8 TOURNAMENT ROAD sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 TOURNAMENT 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 TOURNAMENT 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 TOURNAMENT ROAD?

8 TOURNAMENT ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 8 on TOURNAMENT ROAD.