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
35 VERDALE AVENUE is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £309,000 in October 2022, which was around 22% below the average October 2022 detached price in the Leicester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 35 VERDALE AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 35 VERDALE 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 21 OCT | £309,000 | £398,362 | 22% below HPI |
2019 25 OCT | £265,000 | £312,026 | 15% below HPI |
The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 35 VERDALE AVENUE sales from October 2019 and October 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 October 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
35 VERDALE AVENUE is 93m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 35 VERDALE AVENUE lies on this distribution: 27% of detached houses are smaller than 35 VERDALE AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Leicester.
35 VERDALE AVENUE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 35 VERDALE 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 35 VERDALE 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.
35 VERDALE AVENUE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 35 on VERDALE AVENUE.