144, MERE ROAD, LEICESTER, LE5 5GN - £241,000

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.

144 MERE ROAD is a very large extended terraced house of 187m², built sometime between 1900 and 1929, which could now be worth an estimated £407,718. It was last sold for £241,000 in September 2015, which was around 96% above the average September 2015 terraced price in the Leicester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

144 MERE ROAD Sold Prices

Land registry data shows two sales for 144 MERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Leicester local authority area for the corresponding sale date. Both of the two 144 MERE 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
2015 14 SEP	£241,000	£122,793	96% above HPI
2005 17 JUN	£150,000	£103,978	44% above HPI

144 MERE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leicester local authority area over time, sourced from the HPI. The two 144 MERE ROAD sales from June 2005 and September 2015 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 June 2005 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2015 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might 144 MERE ROAD be worth now?

144 MERE ROAD might now be worth an estimated £407,718.

This is based on house price inflation of 69.2%, between September 2015 and May 2026, for terraced 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 69.2% inflationary increase is applied to the most recent sale price for 144 MERE ROAD of £241,000 on 14th September 2015. For the value to have increased from £241,000 to £407,718 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 144 MERE ROAD has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The September 2015 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 144 MERE ROAD has not materially changed since September 2015.

How Large is 144 MERE ROAD?

144 MERE ROAD is 187m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 144 MERE ROAD lies on this distribution: 90% of terraced houses houses are smaller than 144 MERE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Leicester.

144 MERE ROAD: Plot and Title Map

144 MERE ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 144 MERE 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 144 MERE 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 144 MERE ROAD?

144 MERE ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 144 on MERE ROAD.