1, FOREST RISE, THURNBY, LEICESTER, LE7 9PG - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FOREST RISE is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £400,000 in January 2019, which was around 3% below the average January 2019 detached price in the Harborough local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

1 FOREST RISE Sold Prices

Land registry data shows two sales for 1 FOREST 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 Harborough local authority area for the corresponding sale date. One of the two 1 FOREST RISE sales was for below the average price, whilst the other was 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 4 JAN	£400,000	£410,722	3% below HPI
2007 3 JAN	£279,000	£275,668	1% above HPI

1 FOREST RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 1 FOREST RISE sales from January 2007 and January 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 January 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 FOREST RISE?

1 FOREST RISE is 183m², which includes three extensions, according to the EPC inspection conducted in August 2018. 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 FOREST RISE lies on this distribution: 89% of detached houses are smaller than 1 FOREST RISE, and 11% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 FOREST RISE: Plot and Title Map

1 FOREST RISE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 FOREST 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 1 FOREST 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 1 FOREST RISE?

1 FOREST RISE is located in THURNBY, in the LE7 postcode district. The below map shows the position of No. 1 on FOREST RISE.