15, NEWBOLD ROAD, DESFORD, LEICESTER, LE9 9GT - £255,000

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

15 NEWBOLD ROAD is a very small detached house of 75m², built sometime between 2007 and 2011. It was last sold for £255,000 in January 2024, which was around 36% below the average January 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

15 NEWBOLD ROAD Sold Prices

Land registry data shows two sales for 15 NEWBOLD 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 15 NEWBOLD 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
2024 12 JAN	£255,000	£396,091	36% below HPI
2015 24 JUN	£115,000	£242,257	53% below HPI

15 NEWBOLD ROAD 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 two 15 NEWBOLD ROAD sales from June 2015 and January 2024 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 June 2015 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the January 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 NEWBOLD ROAD?

15 NEWBOLD ROAD is 75m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 15 NEWBOLD ROAD lies on this distribution: 3% of detached houses are smaller than 15 NEWBOLD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Desford.

15 NEWBOLD ROAD: Plot and Title Map

15 NEWBOLD ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 15 NEWBOLD 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 15 NEWBOLD 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 15 NEWBOLD ROAD?

15 NEWBOLD ROAD is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 15 on NEWBOLD ROAD.