12, BROOM WAY, NARBOROUGH, LEICESTER, LE19 3RY - £257,500

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

12 BROOM WAY is a very small extended detached house of 68m², built sometime between 1996 and 2002. It was last sold for £257,500 in May 2020, which was around 21% below the average May 2020 detached price in the Blaby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

12 BROOM WAY Sold Prices

Land registry data shows two sales for 12 BROOM 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 12 BROOM 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
2020 13 MAY	£257,500	£327,001	21% below HPI
1999 26 FEB	£74,750	£89,819	17% below HPI

12 BROOM 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 12 BROOM WAY sales from February 1999 and May 2020 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 February 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 BROOM WAY?

12 BROOM WAY is 68m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 12 BROOM WAY lies on this distribution: 5% of detached houses are smaller than 12 BROOM WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Narborough.

12 BROOM WAY: Plot and Title Map

12 BROOM WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 12 BROOM 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 12 BROOM 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 12 BROOM WAY?

12 BROOM WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 12 on BROOM WAY.