2, FAIR ISLE WAY, COUNTESTHORPE, LEICESTER, LE8 5WX - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FAIR ISLE WAY is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £405,879. It was last sold for £375,000 in January 2022, which was around 4% above the average January 2022 detached price in the Blaby local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

2 FAIR ISLE WAY Sold Prices

Land registry data shows four sales for 2 FAIR ISLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. two of the four 2 FAIR ISLE WAY sales were for above the average price, and four 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
2022 21 JAN	£375,000	£360,563	4% above HPI
2018 2 MAR	£310,000	£303,081	2% above HPI
2006 3 NOV	£182,500	£224,568	19% below HPI
2002 9 SEP	£132,500	£149,354	11% below HPI

2 FAIR ISLE 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 four 2 FAIR ISLE WAY sales between September 2002 and January 2022 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 March 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 FAIR ISLE WAY be worth now?

2 FAIR ISLE WAY might now be worth an estimated £405,879.

This is based on house price inflation of 8.2%, between January 2022 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 2 FAIR ISLE WAY of £375,000 on 21st January 2022. For the value to have increased from £375,000 to £405,879 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 FAIR ISLE WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The January 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIR ISLE WAY has not materially changed since January 2022.

How Large is 2 FAIR ISLE WAY?

2 FAIR ISLE WAY is 128m², which includes four extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Countesthorpe, and where 2 FAIR ISLE WAY lies on this distribution: 67% of detached houses houses are smaller than 2 FAIR ISLE WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

2 FAIR ISLE WAY: Plot and Title Map

2 FAIR ISLE WAY sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 FAIR ISLE 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 2 FAIR ISLE 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 2 FAIR ISLE WAY?

2 FAIR ISLE WAY is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 2 on FAIR ISLE WAY.