3, GRACE ROAD, DESFORD, LEICESTER, LE9 9FZ - £148,000

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 GRACE ROAD is a small detached house of 103m², built sometime between 1976 and 1982. It was last sold for £148,000 in February 2012, which was around 30% below the average February 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

3 GRACE ROAD Sold Prices

Land registry data shows two sales for 3 GRACE ROAD 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 GRACE ROAD 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 7 FEB	£148,000	£212,311	30% below HPI
1997 7 FEB	£58,000	£77,832	25% below HPI

3 GRACE ROAD 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 GRACE ROAD sales from February 1997 and February 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 February 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 GRACE ROAD?

3 GRACE ROAD is 103m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% 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 GRACE ROAD lies on this distribution: 26% of detached houses are smaller than 3 GRACE ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Desford.

3 GRACE ROAD: Plot and Title Map

3 GRACE ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 GRACE ROAD, 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 GRACE ROAD). 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 GRACE ROAD?

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