31, STATION ROAD, REARSBY, LEICESTER, LE7 4YY - £450,000

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 STATION ROAD is a very large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £450,000 in March 2016, which was around 58% above the average March 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

31 STATION ROAD Sold Prices

Land registry data shows three sales for 31 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 31 STATION ROAD sales were for above the average price, whilst one 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
2016 24 MAR	£450,000	£284,030	58% above HPI
2007 25 OCT	£282,500	£264,448	7% above HPI
2005 12 AUG	£160,000	£232,816	31% below HPI

31 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 31 STATION ROAD sales between August 2005 and March 2016 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 October 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2016 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 31 STATION ROAD?

31 STATION ROAD is 177m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 31 STATION ROAD lies on this distribution: 80% of detached houses are smaller than 31 STATION ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

31 STATION ROAD: Plot and Title Map

31 STATION ROAD sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 31 STATION 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 31 STATION 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 31 STATION ROAD?

31 STATION ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 31 on STATION ROAD.