1, BIRCH LANE, GLENFIELD, LEICESTER, LE3 8HJ - £650,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BIRCH LANE is a very large detached house of 164m². It was last sold for £650,000 in May 2023, which was around 60% above the average May 2023 detached price in the Blaby local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

1 BIRCH LANE Sold Prices

Land registry data shows two sales for 1 BIRCH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 1 BIRCH LANE 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
2023 24 MAY	£650,000	£405,110	60% above HPI
2013 13 DEC	£449,995	£228,368	97% above HPI

1 BIRCH LANE 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 two 1 BIRCH LANE sales from December 2013 and May 2023 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 2013 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the May 2023 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 1 BIRCH LANE?

1 BIRCH LANE is 164m² according to the EPC inspection conducted in September 2016. This puts it in the largest 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 1 BIRCH LANE lies on this distribution: 83% of detached houses are smaller than 1 BIRCH LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 BIRCH LANE: Plot and Title Map

1 BIRCH LANE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 1 BIRCH LANE, 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 1 BIRCH LANE). 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 1 BIRCH LANE?

1 BIRCH LANE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 1 on BIRCH LANE.