207, MERE ROAD, LEICESTER, LE5 5GR - £120,000

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.

207 MERE ROAD is a large terraced house of 128m², built sometime before 1900, which could now be worth an estimated £241,578. It was last sold for £120,000 in April 2005, which was around 17% above the average April 2005 terraced price in the Leicester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

207 MERE ROAD Sold Prices

Land registry data shows two sales for 207 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 207 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
2005 1 APR	£120,000	£102,141	17% above HPI
1998 25 SEP	£45,000	£35,496	27% above HPI

207 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 207 MERE ROAD sales from September 1998 and April 2005 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 September 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 2005 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 207 MERE ROAD be worth now?

207 MERE ROAD might now be worth an estimated £241,578.

This is based on house price inflation of 101.3%, between April 2005 and July 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 101.3% inflationary increase is applied to the most recent sale price for 207 MERE ROAD of £120,000 on 1st April 2005. For the value to have increased from £120,000 to £241,578 over the twenty years and nine months to July 2026, the following assumptions must hold true:

• The value of 207 MERE ROAD has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The April 2005 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 207 MERE ROAD has not materially changed since April 2005.

How Large is 207 MERE ROAD?

207 MERE ROAD is 128m² according to the EPC inspection conducted in December 2018. This puts it in the largest 40% 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 207 MERE ROAD lies on this distribution: 61% of terraced houses houses are smaller than 207 MERE ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Leicester.

207 MERE ROAD: Plot and Title Map

207 MERE ROAD sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 207 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 207 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 207 MERE ROAD?

207 MERE ROAD is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 207 on MERE ROAD.