3, THE LEYS, COUNTESTHORPE, LEICESTER, LE8 5PJ - £320,000

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 LEYS is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £320,000 in April 2019, which was around 1% above the average April 2019 detached price in the Blaby local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 THE LEYS Sold Prices

Land registry data shows two sales for 3 THE LEYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. One of the two 3 THE LEYS sales was for above the average price, whilst the other was 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
2019 17 APR	£320,000	£316,189	1% above HPI
2001 9 MAR	£87,000	£115,452	25% below HPI

3 THE LEYS 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 two 3 THE LEYS sales from March 2001 and April 2019 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 THE LEYS?

3 THE LEYS is 85m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Countesthorpe, and where 3 THE LEYS lies on this distribution: 15% of detached houses are smaller than 3 THE LEYS, and 84% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

3 THE LEYS: Plot and Title Map

3 THE LEYS sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 3 THE LEYS, 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 LEYS). 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 LEYS?

3 THE LEYS is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 3 on THE LEYS.