4, FOREST RISE, DESFORD, LEICESTER, LE9 9DX - £412,000

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

4 FOREST RISE is a very small detached house of 71m², built sometime between 2003 and 2006. It was last sold for £412,000 in July 2024, which was around 4% above the average July 2024 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

4 FOREST RISE Sold Prices

Land registry data shows four sales for 4 FOREST RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 4 FOREST RISE sales were for above 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
2024 8 JUL	£412,000	£396,253	4% above HPI
2019 13 SEP	£315,000	£318,090	1% below HPI
2005 16 DEC	£227,500	£222,020	2% above HPI
2002 24 APR	£180,000	£137,541	31% above HPI

4 FOREST RISE 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 four 4 FOREST RISE sales between April 2002 and July 2024 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 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 4 FOREST RISE?

4 FOREST RISE is 71m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 4 FOREST RISE lies on this distribution: 3% of detached houses are smaller than 4 FOREST RISE, and 97% of houses are larger. Note that EPC data is not available for all properties in Desford.

4 FOREST RISE: Plot and Title Map

4 FOREST RISE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 4 FOREST RISE, 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 4 FOREST RISE). 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 4 FOREST RISE?

4 FOREST RISE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 4 on FOREST RISE.