127, FAIRE ROAD, GLENFIELD, LEICESTER, LE3 8EG - £259,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

127 FAIRE ROAD is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £259,000 in February 2017, which was around 7% below the average February 2017 detached price in the Blaby local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

127 FAIRE ROAD Sold Prices

Land registry data shows two sales for 127 FAIRE 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. Both of the two 127 FAIRE ROAD 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
2017 17 FEB	£259,000	£277,946	7% below HPI
2000 18 FEB	£90,000	£100,947	11% below HPI

127 FAIRE 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 127 FAIRE ROAD sales from February 2000 and February 2017 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 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 127 FAIRE ROAD?

127 FAIRE ROAD is 137m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 127 FAIRE ROAD lies on this distribution: 69% of detached houses are smaller than 127 FAIRE ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Leicester.

127 FAIRE ROAD: Plot and Title Map

127 FAIRE ROAD sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of 127 FAIRE 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 127 FAIRE 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 127 FAIRE ROAD?

127 FAIRE ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 127 on FAIRE ROAD.