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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 IRIS AVENUE is a large extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £345,804. It was last sold for £270,000 in July 2018, which was around 11% 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	£304,705	11% below HPI
2013 5 DEC	£205,000	£223,812	8% below HPI
1996 3 SEP	£57,500	£76,966	25% 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 IRIS AVENUE be worth now?

1 IRIS AVENUE might now be worth an estimated £345,804.

This is based on house price inflation of 28.1%, between July 2018 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 1 IRIS AVENUE of £270,000 on 9th July 2018. For the value to have increased from £270,000 to £345,804 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 IRIS AVENUE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IRIS AVENUE has not materially changed since July 2018.

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 houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 1 IRIS AVENUE lies on this distribution: 61% of detached houses 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.