4, THE CEDARS, BUSHBY, LEICESTER, LE7 9RZ - £415,000

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 THE CEDARS is a large detached house of 144m², built sometime from 2007 onwards. It was last sold for £415,000 in June 2018, which was around 5% above the average June 2018 detached price in the Harborough local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

4 THE CEDARS Sold Prices

Land registry data shows five sales for 4 THE CEDARS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. The five 4 THE CEDARS sales were a mix of above the average price, and roughly equal to 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
2018 1 JUN	£415,000	£394,376	5% above HPI
2015 28 OCT	£335,000	£336,534	Close to HPI
2012 14 DEC	£315,000	£286,636	10% above HPI
2010 8 SEP	£320,000	£285,146	12% above HPI
2008 6 OCT	£280,000	£276,656	1% above HPI

4 THE CEDARS 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 five 4 THE CEDARS sales between October 2008 and June 2018 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 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 THE CEDARS?

4 THE CEDARS is 144m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 4 THE CEDARS lies on this distribution: 74% of detached houses are smaller than 4 THE CEDARS, and 26% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 THE CEDARS: Plot and Title Map

4 THE CEDARS sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 4 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

4 THE CEDARS is located in BUSHBY, in the LE7 postcode district. The below map shows the position of No. 4 on THE CEDARS.