3, BALA ROAD, CROFT, LEICESTER, LE9 3GF - £222,500

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.

3 BALA ROAD is a large extended semi-detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £290,363. It was last sold for £222,500 in July 2018, which was around 12% above the average July 2018 semi-detached price in the Blaby local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 BALA ROAD Sold Prices

Land registry data shows two sales for 3 BALA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. Both of the two 3 BALA 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
2018 20 JUL	£222,500	£197,980	12% above HPI
2003 17 JUL	£148,000	£116,036	28% above HPI

3 BALA ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The two 3 BALA ROAD sales from July 2003 and July 2018 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 July 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 BALA ROAD be worth now?

3 BALA ROAD might now be worth an estimated £290,363.

This is based on house price inflation of 30.5%, between July 2018 and April 2026, for semi-detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for 3 BALA ROAD of £222,500 on 20th July 2018. For the value to have increased from £222,500 to £290,363 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 3 BALA ROAD has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The July 2018 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BALA ROAD has not materially changed since July 2018.

How Large is 3 BALA ROAD?

3 BALA ROAD is 121m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of semi-detached houses houses in Croft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Croft, and where 3 BALA ROAD lies on this distribution: 64% of semi-detached houses houses are smaller than 3 BALA ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Croft.

3 BALA ROAD: Plot and Title Map

3 BALA ROAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 BALA 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 3 BALA 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 3 BALA ROAD?

3 BALA ROAD is located in CROFT, in the LE9 postcode district. The below map shows the position of No. 3 on BALA ROAD.