2, FOREST RISE, THURNBY, LEICESTER, LE7 9PF - £163,000

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

2 FOREST RISE is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £163,000 in May 2012, which was around 39% below the average May 2012 detached price in the Harborough local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

2 FOREST RISE Sold Prices

Land registry data shows four sales for 2 FOREST RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 2 FOREST RISE 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
2012 4 MAY	£163,000	£267,711	39% below HPI
2006 15 MAY	£159,000	£264,949	40% below HPI
1999 27 MAY	£77,950	£115,217	32% below HPI
1997 28 FEB	£58,000	£94,817	39% below HPI

2 FOREST RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The four 2 FOREST RISE sales between February 1997 and May 2012 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 May 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2012 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 FOREST RISE?

2 FOREST RISE is 105m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 2 FOREST RISE lies on this distribution: 39% of detached houses are smaller than 2 FOREST RISE, and 59% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 FOREST RISE: Plot and Title Map

2 FOREST RISE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 2 FOREST RISE, 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 FOREST RISE). 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 FOREST RISE?

2 FOREST RISE is located in THURNBY, in the LE7 postcode district. The below map shows the position of No. 2 on FOREST RISE.