18, HOLLOWTREE ROAD, HAMILTON, LEICESTER, LE5 1TH - £185,000

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.

18 HOLLOWTREE ROAD is a very small semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £248,934. It was last sold for £185,000 in September 2019, which was around 6% below the average September 2019 semi-detached price in the Leicester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

18 HOLLOWTREE ROAD Sold Prices

Land registry data shows four sales for 18 HOLLOWTREE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. two of the four 18 HOLLOWTREE ROAD sales were for below the average price, and four 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 20 SEP	£185,000	£196,905	6% below HPI
2007 29 JUN	£142,000	£143,014	1% below HPI
2000 28 JAN	£59,950	£49,909	20% above HPI
1996 16 DEC	£50,500	£41,406	22% above HPI

18 HOLLOWTREE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The four 18 HOLLOWTREE ROAD sales between December 1996 and September 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 June 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 18 HOLLOWTREE ROAD be worth now?

18 HOLLOWTREE ROAD might now be worth an estimated £248,934.

This is based on house price inflation of 34.6%, between September 2019 and May 2026, for semi-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 34.6% inflationary increase is applied to the most recent sale price for 18 HOLLOWTREE ROAD of £185,000 on 20th September 2019. For the value to have increased from £185,000 to £248,934 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 18 HOLLOWTREE ROAD has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The September 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOLLOWTREE ROAD has not materially changed since September 2019.

How Large is 18 HOLLOWTREE ROAD?

18 HOLLOWTREE ROAD is 70m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 18 HOLLOWTREE ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 18 HOLLOWTREE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Leicester.

18 HOLLOWTREE ROAD: Plot and Title Map

18 HOLLOWTREE ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 18 HOLLOWTREE 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 18 HOLLOWTREE 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 18 HOLLOWTREE ROAD?

18 HOLLOWTREE ROAD is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 18 on HOLLOWTREE ROAD.