34, FAIRESTONE AVENUE, GLENFIELD, LEICESTER, LE3 8FF - £272,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 FAIRESTONE AVENUE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £289,707. It was last sold for £272,000 in February 2022, which was around 26% below the average February 2022 detached price in the Blaby local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

34 FAIRESTONE AVENUE Sold Prices

Land registry data shows two sales for 34 FAIRESTONE AVENUE 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. Both of the two 34 FAIRESTONE AVENUE 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
2022 11 FEB	£272,000	£366,400	26% below HPI
2006 29 SEP	£145,000	£219,703	34% below HPI

34 FAIRESTONE AVENUE 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 34 FAIRESTONE AVENUE sales from September 2006 and February 2022 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 September 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 34 FAIRESTONE AVENUE be worth now?

34 FAIRESTONE AVENUE might now be worth an estimated £289,707.

This is based on house price inflation of 6.5%, between February 2022 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 34 FAIRESTONE AVENUE of £272,000 on 11th February 2022. For the value to have increased from £272,000 to £289,707 over the three years to February 2025, the following assumptions must hold true:

• The value of 34 FAIRESTONE AVENUE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2022 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 34 FAIRESTONE AVENUE has not materially changed since February 2022.

How Large is 34 FAIRESTONE AVENUE?

34 FAIRESTONE AVENUE is 65m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 34 FAIRESTONE AVENUE lies on this distribution: 4% of detached houses houses are smaller than 34 FAIRESTONE AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Leicester.

34 FAIRESTONE AVENUE: Plot and Title Map

34 FAIRESTONE AVENUE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 34 FAIRESTONE AVENUE, 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 34 FAIRESTONE AVENUE). 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 34 FAIRESTONE AVENUE?

34 FAIRESTONE AVENUE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 34 on FAIRESTONE AVENUE.