1, IRIS AVENUE, GLEN PARVA, LEICESTER, LE2 9JJ - £270,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 IRIS AVENUE is a large extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £270,000 in July 2018, which was around 13% below the average July 2018 detached price in the Blaby local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 IRIS AVENUE Sold Prices

Land registry data shows three sales for 1 IRIS AVENUE 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 1 IRIS AVENUE 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
2018 9 JUL	£270,000	£310,908	13% below HPI
2013 5 DEC	£205,000	£228,368	10% below HPI
1996 3 SEP	£57,500	£78,533	27% below HPI

1 IRIS AVENUE 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 1 IRIS AVENUE sales between September 1996 and July 2018 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 IRIS AVENUE?

1 IRIS AVENUE is 128m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% 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 IRIS AVENUE lies on this distribution: 61% of detached houses are smaller than 1 IRIS AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 IRIS AVENUE: Plot and Title Map

1 IRIS AVENUE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1 IRIS AVENUE, 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 IRIS AVENUE). 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 IRIS AVENUE?

1 IRIS AVENUE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 1 on IRIS AVENUE.