38, STATION ROAD, RATBY, LEICESTER, LE6 0JN - £325,000

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

38 STATION ROAD is a midsized detached house of 97m², built sometime between 1900 and 1929. It was last sold for £325,000 in October 2022, which was around 20% below the average October 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

38 STATION ROAD Sold Prices

Land registry data shows two sales for 38 STATION ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 38 STATION ROAD 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 28 OCT	£325,000	£407,729	20% below HPI
2000 28 JUL	£98,500	£106,740	8% below HPI

38 STATION ROAD 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 two 38 STATION ROAD sales from July 2000 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 July 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38 STATION ROAD?

38 STATION ROAD is 97m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses in Ratby, based on EPC data. The below chart shows the distribution of detached houses by size in Ratby, and where 38 STATION ROAD lies on this distribution: 49% of detached houses are smaller than 38 STATION ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Ratby.

38 STATION ROAD: Plot and Title Map

38 STATION ROAD sits on a plot of roughly 0.189 of an acre, or 764m². The below map shows the location of 38 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 38 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 38 STATION ROAD?

38 STATION ROAD is located in RATBY, in the LE6 postcode district. The below map shows the position of No. 38 on STATION ROAD.