38, GARFIELD PARK, GREAT GLEN, LEICESTER, LE8 9JY - £365,000

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.

38 GARFIELD PARK is a small detached house of 116m², which could now be worth an estimated £447,164. It was last sold for £365,000 in August 2019, which was around 8% below the average August 2019 detached price in the Harborough local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.

38 GARFIELD PARK Sold Prices

Land registry data shows two sales for 38 GARFIELD PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 38 GARFIELD PARK 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
2019 22 AUG	£365,000	£396,175	8% below HPI
2016 19 DEC	£312,000	£342,993	9% below HPI

38 GARFIELD PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 38 GARFIELD PARK sales from December 2016 and August 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 December 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 38 GARFIELD PARK be worth now?

38 GARFIELD PARK might now be worth an estimated £447,164.

This is based on house price inflation of 22.5%, between August 2019 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 38 GARFIELD PARK of £365,000 on 22nd August 2019. For the value to have increased from £365,000 to £447,164 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 38 GARFIELD PARK has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GARFIELD PARK has not materially changed since August 2019.

How Large is 38 GARFIELD PARK?

38 GARFIELD PARK is 116m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Glen, and where 38 GARFIELD PARK lies on this distribution: 35% of detached houses houses are smaller than 38 GARFIELD PARK, and 62% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

38 GARFIELD PARK: Plot and Title Map

38 GARFIELD PARK sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 38 GARFIELD PARK, 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 38 GARFIELD PARK). 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 38 GARFIELD PARK?

38 GARFIELD PARK is located in GREAT GLEN, in the LE8 postcode district. The below map shows the position of No. 38 on GARFIELD PARK.