3, THE FIRS, AYLESTONE, LEICESTER, LE2 8PU - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 THE FIRS is a very large detached house of 216m², which could now be worth an estimated £573,433. It was last sold for £575,000 in January 2024, which was around 49% above the average January 2024 detached price in the Leicester local authority area. The most recent EPC inspection was December 2017, where the current energy rating was A, and the potential energy rating was A.

3 THE FIRS Sold Prices

Land registry data shows three sales for 3 THE FIRS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 3 THE FIRS 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
2024 26 JAN	£575,000	£387,129	49% above HPI
2019 10 MAY	£435,000	£297,316	46% above HPI
2016 14 JUL	£372,500	£251,916	48% above HPI

3 THE FIRS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 3 THE FIRS sales between July 2016 and January 2024 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 2019 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2024 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 3 THE FIRS be worth now?

3 THE FIRS might now be worth an estimated £573,433.

This is based on house price deflation of 0.3%, between January 2024 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 3 THE FIRS of £575,000 on 26th January 2024. For the value to have decreased from £575,000 to £573,433 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 3 THE FIRS has moved in line with the HPI for detached houses in the Leicester local authority area.
• The January 2024 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE FIRS has not materially changed since January 2024.

How Large is 3 THE FIRS?

3 THE FIRS is 216m² according to the EPC inspection conducted in December 2017. This puts it in the largest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 3 THE FIRS lies on this distribution: 95% of detached houses houses are smaller than 3 THE FIRS, and 5% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 THE FIRS: Plot and Title Map

3 THE FIRS sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 3 THE FIRS, 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 FIRS). 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 FIRS?

3 THE FIRS is located in AYLESTONE, in the LE2 postcode district. The below map shows the position of No. 3 on THE FIRS.