12, FOREST RISE, DESFORD, LEICESTER, LE9 9DX - £320,000

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 FOREST RISE is a midsized extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £320,000 in May 2016, which was around 22% above the average May 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

12 FOREST RISE Sold Prices

Land registry data shows three sales for 12 FOREST RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 12 FOREST RISE 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
2016 20 MAY	£320,000	£261,576	22% above HPI
2013 29 MAY	£295,000	£212,714	39% above HPI
2001 27 SEP	£154,500	£122,651	26% above HPI

12 FOREST RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 12 FOREST RISE sales between September 2001 and May 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 May 2013 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 12 FOREST RISE?

12 FOREST RISE is 123m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 12 FOREST RISE lies on this distribution: 43% of detached houses are smaller than 12 FOREST RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Desford.

12 FOREST RISE: Plot and Title Map

12 FOREST RISE sits on a plot of roughly 29.9 acres, or 121,015m². The below map shows the location of 12 FOREST RISE, 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 FOREST RISE). 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 FOREST RISE?

12 FOREST RISE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 12 on FOREST RISE.