27, FOREST RISE, DESFORD, LEICESTER, LE9 9DX - £195,000

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

27 FOREST RISE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £195,000 in May 2012, which was around 9% below the average May 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

27 FOREST RISE Sold Prices

Land registry data shows four sales for 27 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 Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 27 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 29 MAY	£195,000	£213,853	9% below HPI
2010 15 JAN	£185,000	£210,729	12% below HPI
2004 29 JUL	£190,000	£201,412	6% below HPI
2001 29 JUN	£102,500	£117,550	13% below HPI

27 FOREST RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 27 FOREST RISE sales between June 2001 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 January 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2012 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 27 FOREST RISE?

27 FOREST RISE is 90m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 27 FOREST RISE lies on this distribution: 12% of detached houses are smaller than 27 FOREST RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Desford.

27 FOREST RISE: Plot and Title Map

27 FOREST RISE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 27 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 27 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 27 FOREST RISE?

27 FOREST RISE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 27 on FOREST RISE.