2A, JOYCE ROAD, LEICESTER, LE3 9BP - £147,000

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.

2A JOYCE ROAD is a very small detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £252,990. It was last sold for £147,000 in July 2015, which was around 35% below the average July 2015 detached price in the Leicester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2A JOYCE ROAD Sold Prices

Land registry data shows two sales for 2A JOYCE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 2A JOYCE 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
2015 30 JUL	£147,000	£225,216	35% below HPI
2012 30 APR	£115,000	£194,386	41% below HPI

2A JOYCE ROAD 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 two 2A JOYCE ROAD sales from April 2012 and July 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 April 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2015 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2A JOYCE ROAD be worth now?

2A JOYCE ROAD might now be worth an estimated £252,990.

This is based on house price inflation of 72.1%, between July 2015 and May 2026, 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 72.1% inflationary increase is applied to the most recent sale price for 2A JOYCE ROAD of £147,000 on 30th July 2015. For the value to have increased from £147,000 to £252,990 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 2A JOYCE ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2015 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 2A JOYCE ROAD has not materially changed since July 2015.

How Large is 2A JOYCE ROAD?

2A JOYCE ROAD is 55m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% 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 2A JOYCE ROAD lies on this distribution: 1% of detached houses houses are smaller than 2A JOYCE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2A JOYCE ROAD: Plot and Title Map

2A JOYCE ROAD sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 2A JOYCE 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 2A JOYCE 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 2A JOYCE ROAD?

2A JOYCE ROAD is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 2A on JOYCE ROAD.