1A, RED HILL AVENUE, NARBOROUGH, LEICESTER, LE19 3FA - £170,000

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

1A RED HILL AVENUE is a very small detached house of 74m², built sometime from 2007 onwards. It was last sold for £170,000 in April 2016, which was around 35% below the average April 2016 detached price in the Blaby local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

1A RED HILL AVENUE Sold Prices

Land registry data shows two sales for 1A RED HILL AVENUE 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 1A RED HILL AVENUE 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
2016 7 APR	£170,000	£261,345	35% below HPI
2007 1 AUG	£170,000	£238,745	29% below HPI

1A RED HILL AVENUE 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 1A RED HILL AVENUE sales from August 2007 and April 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1A RED HILL AVENUE?

1A RED HILL AVENUE is 74m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 1A RED HILL AVENUE lies on this distribution: 7% of detached houses are smaller than 1A RED HILL AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Narborough.

1A RED HILL AVENUE: Plot and Title Map

1A RED HILL AVENUE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 1A RED HILL AVENUE, 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 1A RED HILL AVENUE). 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 1A RED HILL AVENUE?

1A RED HILL AVENUE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 1A on RED HILL AVENUE.