22, LANCASTER WAY, GLEN PARVA, LEICESTER, LE2 9UA - £125,000

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

22 LANCASTER WAY is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £125,000 in December 2013, which was around 45% below the average December 2013 detached price in the Blaby local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

22 LANCASTER WAY Sold Prices

Land registry data shows two sales for 22 LANCASTER WAY 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 22 LANCASTER WAY 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
2013 13 DEC	£125,000	£228,368	45% below HPI
1996 29 NOV	£44,950	£78,280	43% below HPI

22 LANCASTER 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 two 22 LANCASTER WAY sales from November 1996 and December 2013 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 November 1996 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 22 LANCASTER WAY?

22 LANCASTER WAY is 71m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 22 LANCASTER WAY lies on this distribution: 8% of detached houses are smaller than 22 LANCASTER WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

22 LANCASTER WAY: Plot and Title Map

22 LANCASTER WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 22 LANCASTER 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 22 LANCASTER 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 22 LANCASTER WAY?

22 LANCASTER WAY is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 22 on LANCASTER WAY.