2, GRAVEL PIT ROAD, BIRSTALL, LEICESTER, LE4 3LG - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GRAVEL PIT ROAD is a small detached house of 89m², built sometime from 2012 onwards, which could now be worth an estimated £353,799. It was last sold for £325,000 in April 2022, which was around 17% below the average April 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 GRAVEL PIT ROAD Sold Prices

Land registry data shows three sales for 2 GRAVEL PIT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 2 GRAVEL PIT 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
2022 29 APR	£325,000	£389,583	17% below HPI
2012 31 AUG	£194,950	£237,615	18% below HPI
2012 9 MAR	£200,000	£228,072	12% below HPI

2 GRAVEL PIT ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 2 GRAVEL PIT ROAD sales between March 2012 and April 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 August 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 GRAVEL PIT ROAD be worth now?

2 GRAVEL PIT ROAD might now be worth an estimated £353,799.

This is based on house price inflation of 8.9%, between April 2022 and June 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 2 GRAVEL PIT ROAD of £325,000 on 29th April 2022. For the value to have increased from £325,000 to £353,799 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 GRAVEL PIT ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRAVEL PIT ROAD has not materially changed since April 2022.

How Large is 2 GRAVEL PIT ROAD?

2 GRAVEL PIT ROAD is 89m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses houses in Birstall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birstall, and where 2 GRAVEL PIT ROAD lies on this distribution: 27% of detached houses houses are smaller than 2 GRAVEL PIT ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Birstall.

2 GRAVEL PIT ROAD: Plot and Title Map

2 GRAVEL PIT ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 GRAVEL PIT 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 2 GRAVEL PIT 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 2 GRAVEL PIT ROAD?

2 GRAVEL PIT ROAD is located in BIRSTALL, in the LE4 postcode district. The below map shows the position of No. 2 on GRAVEL PIT ROAD.