8, FARNLEY ROAD, HAMILTON, LEICESTER, LE5 1GP - £340,000

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.

8 FARNLEY ROAD is a midsized detached house of 120m², which could now be worth an estimated £432,731. It was last sold for £340,000 in October 2019, which was around 12% above the average October 2019 detached price in the Leicester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

8 FARNLEY ROAD Sold Prices

Land registry data shows two sales for 8 FARNLEY 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 8 FARNLEY 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
2019 10 OCT	£340,000	£303,341	12% above HPI
2016 18 NOV	£299,950	£258,376	16% above HPI

8 FARNLEY 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 8 FARNLEY ROAD sales from November 2016 and October 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 November 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 FARNLEY ROAD be worth now?

8 FARNLEY ROAD might now be worth an estimated £432,731.

This is based on house price inflation of 27.3%, between October 2019 and February 2025, 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 27.3% inflationary increase is applied to the most recent sale price for 8 FARNLEY ROAD of £340,000 on 10th October 2019. For the value to have increased from £340,000 to £432,731 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 FARNLEY ROAD has moved in line with the HPI for detached houses in the Leicester local authority area.
• The October 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FARNLEY ROAD has not materially changed since October 2019.

How Large is 8 FARNLEY ROAD?

8 FARNLEY ROAD is 120m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% 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 8 FARNLEY ROAD lies on this distribution: 54% of detached houses houses are smaller than 8 FARNLEY ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 FARNLEY ROAD: Plot and Title Map

8 FARNLEY ROAD sits on a plot of roughly 41.2 acres, or 166,630m². The below map shows the location of 8 FARNLEY 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 8 FARNLEY 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 8 FARNLEY ROAD?

8 FARNLEY ROAD is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 8 on FARNLEY ROAD.