38, PARK RISE, LEICESTER, LE3 6SH - £120,000

38 PARK RISE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £120,000 in October 2012, which was around 42% below the average October 2012 detached price in the Leicester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

38 PARK RISE Sold Prices

Land registry data shows two sales for 38 PARK RISE 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 38 PARK 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
2012 5 OCT	£120,000	£207,299	42% below HPI
1995 1 DEC	£48,500	£69,509	30% below HPI

38 PARK RISE 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 38 PARK RISE sales from December 1995 and October 2012 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 December 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 38 PARK RISE?

38 PARK RISE is 77m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 38 PARK RISE lies on this distribution: 11% of detached houses are smaller than 38 PARK RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leicester.

38 PARK RISE: Plot and Title Map

38 PARK RISE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 38 PARK 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 38 PARK 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 38 PARK RISE?

38 PARK RISE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 38 on PARK RISE.