10, FRANKSON AVENUE, LEICESTER, LE3 2GJ - £160,000

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

10 FRANKSON AVENUE is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £160,000 in November 2021, which was around 57% below the average November 2021 detached price in the Blaby local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

10 FRANKSON AVENUE Sold Prices

Land registry data shows three sales for 10 FRANKSON 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 10 FRANKSON 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
2021 9 NOV	£160,000	£372,047	57% below HPI
2011 1 AUG	£115,000	£221,826	48% below HPI
2006 10 NOV	£115,000	£229,139	50% below HPI

10 FRANKSON 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 10 FRANKSON AVENUE sales between November 2006 and November 2021 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 August 2011 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2021 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 10 FRANKSON AVENUE?

10 FRANKSON AVENUE is 79m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 10 FRANKSON AVENUE lies on this distribution: 13% of detached houses are smaller than 10 FRANKSON AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Leicester.

10 FRANKSON AVENUE: Plot and Title Map

10 FRANKSON AVENUE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 10 FRANKSON 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 10 FRANKSON 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 10 FRANKSON AVENUE?

10 FRANKSON AVENUE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 10 on FRANKSON AVENUE.