12, FINCH WAY, NARBOROUGH, LEICESTER, LE19 2TP - £295,000

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

12 FINCH WAY is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £295,000 in March 2022, which was around 22% below the average March 2022 detached price in the Blaby local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

12 FINCH WAY Sold Prices

Land registry data shows four sales for 12 FINCH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 12 FINCH 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
2022 25 MAR	£295,000	£376,330	22% below HPI
2012 29 AUG	£175,000	£223,485	22% below HPI
2002 31 MAY	£122,000	£137,296	11% below HPI
1995 3 MAR	£59,950	£75,013	20% below HPI

12 FINCH 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 four 12 FINCH WAY sales between March 1995 and March 2022 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, which was also at 22% below the HPI.

How Large is 12 FINCH WAY?

12 FINCH WAY is 82m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 12 FINCH WAY lies on this distribution: 15% of detached houses are smaller than 12 FINCH WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Narborough.

12 FINCH WAY: Plot and Title Map

12 FINCH WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 12 FINCH 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 FINCH 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 FINCH WAY?

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