3, THE BURROWS, NARBOROUGH, LEICESTER, LE19 3WS - £478,000

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 THE BURROWS is a very large extended detached house of 187m², built sometime between 1983 and 1990. It was last sold for £478,000 in May 2021, which was around 39% above the average May 2021 detached price in the Blaby local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

3 THE BURROWS Sold Prices

Land registry data shows four sales for 3 THE BURROWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 3 THE BURROWS 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
2021 28 MAY	£478,000	£342,981	39% above HPI
2007 23 MAR	£342,000	£227,401	50% above HPI
1998 4 DEC	£120,000	£89,363	34% above HPI
1998 12 JUN	£118,000	£85,587	38% above HPI

3 THE BURROWS 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 four 3 THE BURROWS sales between June 1998 and May 2021 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 March 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the May 2021 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 3 THE BURROWS?

3 THE BURROWS is 187m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 3 THE BURROWS lies on this distribution: 95% of detached houses are smaller than 3 THE BURROWS, and 5% of houses are larger. Note that EPC data is not available for all properties in Narborough.

3 THE BURROWS: Plot and Title Map

3 THE BURROWS sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 3 THE BURROWS, 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 THE BURROWS). 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 THE BURROWS?

3 THE BURROWS is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 3 on THE BURROWS.