1, SHARPE WAY, NARBOROUGH, LEICESTER, LE19 2RE - £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 SHARPE WAY is a very small detached house of 81m², built in 2021, which could now be worth an estimated £262,934. It was last sold for £270,000 in December 2022, which was around 33% below the average December 2022 detached price in the Blaby local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was B.

1 SHARPE WAY Sold Prices

Land registry data shows two sales for 1 SHARPE WAY 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 SHARPE WAY 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
2022 1 DEC	£270,000	£400,740	33% below HPI
2021 15 MAR	£128,500	£330,552	61% below HPI

1 SHARPE WAY 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 SHARPE WAY sales from March 2021 and December 2022 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 March 2021 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 SHARPE WAY be worth now?

1 SHARPE WAY might now be worth an estimated £262,934.

This is based on house price deflation of 2.6%, between December 2022 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 2.6% deflationary decrease is applied to the most recent sale price for 1 SHARPE WAY of £270,000 on 1st December 2022. For the value to have decreased from £270,000 to £262,934 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 SHARPE WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHARPE WAY has not materially changed since December 2022.

How Large is 1 SHARPE WAY?

1 SHARPE WAY is 81m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 1 SHARPE WAY lies on this distribution: 15% of detached houses houses are smaller than 1 SHARPE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Narborough.

1 SHARPE WAY: Plot and Title Map

1 SHARPE WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 1 SHARPE WAY, 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 SHARPE WAY). 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 SHARPE WAY?

1 SHARPE WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 1 on SHARPE WAY.