2, PITS AVENUE, BRAUNSTONE, LEICESTER, LE3 2XL - £247,000

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 PITS AVENUE is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £247,000 in November 2020, which was around 26% below the average November 2020 detached price in the Blaby local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 PITS AVENUE Sold Prices

Land registry data shows two sales for 2 PITS 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 2 PITS 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
2020 13 NOV	£247,000	£335,880	26% below HPI
2002 28 JUN	£137,000	£141,519	3% below HPI

2 PITS 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 2 PITS AVENUE sales from June 2002 and November 2020 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 PITS AVENUE?

2 PITS AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% 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 PITS AVENUE lies on this distribution: 49% of detached houses are smaller than 2 PITS AVENUE, and 50% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 PITS AVENUE: Plot and Title Map

2 PITS AVENUE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 PITS 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 2 PITS 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 2 PITS AVENUE?

2 PITS AVENUE is located in BRAUNSTONE, in the LE3 postcode district. The below map shows the position of No. 2 on PITS AVENUE.