16, GLEN RISE, GLEN PARVA, LEICESTER, LE2 9HA - £240,000

16 GLEN RISE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £240,000 in February 2020, which was around 25% below the average February 2020 detached price in the Blaby local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

16 GLEN RISE Sold Prices

Land registry data shows three sales for 16 GLEN RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 16 GLEN RISE 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
2020 19 FEB	£240,000	£322,069	25% below HPI
2014 2 APR	£184,000	£238,374	23% below HPI
2009 31 DEC	£172,250	£214,256	20% below HPI

16 GLEN RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 16 GLEN RISE sales between December 2009 and February 2020 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 GLEN RISE?

16 GLEN RISE is 73m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 16 GLEN RISE lies on this distribution: 9% of detached houses are smaller than 16 GLEN RISE, and 91% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 GLEN RISE: Plot and Title Map

16 GLEN RISE sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of 16 GLEN RISE, 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 16 GLEN RISE). 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 16 GLEN RISE?

16 GLEN RISE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 16 on GLEN RISE.