11, FAIRE ROAD, GLENFIELD, LEICESTER, LE3 8EE - £485,000

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

11 FAIRE ROAD is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £485,000 in May 2021, which was around 41% above the average May 2021 detached price in the Blaby local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

11 FAIRE ROAD Sold Prices

Land registry data shows two sales for 11 FAIRE ROAD 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 11 FAIRE ROAD sales were 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
2021 14 MAY	£485,000	£342,981	41% above HPI
2008 18 JUL	£335,000	£234,369	43% above HPI

11 FAIRE ROAD 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 11 FAIRE ROAD sales from July 2008 and May 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 July 2008 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2021 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 11 FAIRE ROAD?

11 FAIRE ROAD is 162m², which includes three extensions, according to the EPC inspection conducted in September 2020. 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 11 FAIRE ROAD lies on this distribution: 82% of detached houses are smaller than 11 FAIRE ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Leicester.

11 FAIRE ROAD: Plot and Title Map

11 FAIRE ROAD sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of 11 FAIRE ROAD, 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 11 FAIRE ROAD). 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 11 FAIRE ROAD?

11 FAIRE ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 11 on FAIRE ROAD.