18, SHARPE WAY, NARBOROUGH, LEICESTER, LE19 2RE - £387,500

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

18 SHARPE WAY is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £387,500 in May 2023, which was around 4% below the average May 2023 detached price in the Blaby local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

18 SHARPE WAY Sold Prices

Land registry data shows two sales for 18 SHARPE 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. One of the two 18 SHARPE WAY sales was for below the average price, whilst the other was 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
2023 22 MAY	£387,500	£405,110	4% below HPI
1998 26 JUN	£104,950	£85,587	23% above HPI

18 SHARPE 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 18 SHARPE WAY sales from June 1998 and May 2023 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 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 SHARPE WAY?

18 SHARPE WAY is 116m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 18 SHARPE WAY lies on this distribution: 56% of detached houses are smaller than 18 SHARPE WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Narborough.

18 SHARPE WAY: Plot and Title Map

18 SHARPE WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 18 SHARPE 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 18 SHARPE 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 18 SHARPE WAY?

18 SHARPE WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 18 on SHARPE WAY.