116, FOREST ROAD, NARBOROUGH, LEICESTER, LE19 3ET - £325,000

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

116 FOREST ROAD is a very large detached house of 347m², built in 2022. It was last sold for £325,000 in August 2016, which was around 20% above the average August 2016 detached price in the Blaby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

116 FOREST ROAD Sold Prices

Land registry data shows two sales for 116 FOREST 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. One of the two 116 FOREST ROAD sales was for above the average price, whilst the other was 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
2016 19 AUG	£325,000	£270,455	20% above HPI
2010 1 OCT	£219,950	£229,962	4% below HPI

116 FOREST 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 116 FOREST ROAD sales from October 2010 and August 2016 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 October 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 116 FOREST ROAD?

116 FOREST ROAD is 347m² according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 116 FOREST ROAD lies on this distribution: More than 99% of detached houses are smaller than 116 FOREST ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Narborough.

116 FOREST ROAD: Plot and Title Map

116 FOREST ROAD sits on a plot of roughly 0.216 of an acre, or 876m². The below map shows the location of 116 FOREST 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 116 FOREST 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 116 FOREST ROAD?

116 FOREST ROAD is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 116 on FOREST ROAD.