11, NEEDWOOD WAY, NARBOROUGH, LEICESTER, LE19 3YY - £412,500

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 NEEDWOOD WAY is a very large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £412,500 in September 2021, which was around 15% above the average September 2021 detached price in the Blaby local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

11 NEEDWOOD WAY Sold Prices

Land registry data shows two sales for 11 NEEDWOOD 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 11 NEEDWOOD WAY 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 30 SEP	£412,500	£357,460	15% above HPI
2001 27 APR	£119,000	£117,495	1% above HPI

11 NEEDWOOD 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 11 NEEDWOOD WAY sales from April 2001 and September 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 April 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 11 NEEDWOOD WAY?

11 NEEDWOOD WAY is 150m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 11 NEEDWOOD WAY lies on this distribution: 86% of detached houses are smaller than 11 NEEDWOOD WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Narborough.

11 NEEDWOOD WAY: Plot and Title Map

11 NEEDWOOD WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 11 NEEDWOOD 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 11 NEEDWOOD 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 11 NEEDWOOD WAY?

11 NEEDWOOD WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 11 on NEEDWOOD WAY.