2A, WOODBANK, GLEN PARVA, LEICESTER, LE2 9QP - £162,500

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

2A WOODBANK is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £162,500 in December 2022, which was around 60% below the average December 2022 detached price in the Blaby local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

2A WOODBANK Sold Prices

Land registry data shows three sales for 2A WOODBANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 2A WOODBANK 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 16 DEC	£162,500	£408,898	60% below HPI
2018 18 MAY	£150,000	£310,091	52% below HPI
2016 1 APR	£70,000	£261,345	73% below HPI

2A WOODBANK 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 three 2A WOODBANK sales between April 2016 and December 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 May 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2022 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 2A WOODBANK?

2A WOODBANK is 86m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 2A WOODBANK lies on this distribution: 19% of detached houses are smaller than 2A WOODBANK, and 80% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2A WOODBANK: Plot and Title Map

2A WOODBANK sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2A WOODBANK, 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 2A WOODBANK). 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 2A WOODBANK?

2A WOODBANK is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 2A on WOODBANK.