31, FOREST RISE, DESFORD, LEICESTER, LE9 9DX - £160,000

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

31 FOREST RISE is a very small extended semi-detached house of 72m², built sometime between 1996 and 2002. It was last sold for £160,000 in March 2015, which was around 33% below the average March 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

31 FOREST RISE Sold Prices

Land registry data shows five sales for 31 FOREST RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the five 31 FOREST RISE 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
2015 24 MAR	£160,000	£239,283	33% below HPI
2011 14 JAN	£149,000	£210,390	29% below HPI
2004 13 FEB	£121,000	£184,337	34% below HPI
2003 1 AUG	£126,500	£179,330	29% below HPI
2001 23 NOV	£81,000	£127,256	36% below HPI

31 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 five 31 FOREST RISE sales between November 2001 and March 2015 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 January 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 FOREST RISE?

31 FOREST RISE is 72m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 31 FOREST RISE lies on this distribution: 3% of detached houses are smaller than 31 FOREST RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Desford.

31 FOREST RISE: Plot and Title Map

31 FOREST RISE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 31 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 31 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 31 FOREST RISE?

31 FOREST RISE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 31 on FOREST RISE.