3, FOREST RISE, DESFORD, LEICESTER, LE9 9DX - £295,000

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

3 FOREST RISE is a very large extended detached house of 193m², built sometime between 1983 and 1990. It was last sold for £295,000 in July 2005, which was around 38% above the average July 2005 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

3 FOREST RISE Sold Prices

Land registry data shows two sales for 3 FOREST RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 3 FOREST RISE sales were for above 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
2005 1 JUL	£295,000	£214,282	38% above HPI
2000 31 OCT	£219,000	£111,997	96% above HPI

3 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 two 3 FOREST RISE sales from October 2000 and July 2005 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 October 2000 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the July 2005 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 FOREST RISE?

3 FOREST RISE is 193m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 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 3 FOREST RISE lies on this distribution: 87% of detached houses are smaller than 3 FOREST RISE, and 13% of houses are larger. Note that EPC data is not available for all properties in Desford.

3 FOREST RISE: Plot and Title Map

3 FOREST RISE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 3 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 3 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 3 FOREST RISE?

3 FOREST RISE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 3 on FOREST RISE.