40, FAIRFAX ROAD, LEICESTER, LE4 9EH - £167,000

40 FAIRFAX ROAD is a large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £167,000 in August 2011, which was around 19% below the average August 2011 detached price in the Leicester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

40 FAIRFAX ROAD Sold Prices

Land registry data shows two sales for 40 FAIRFAX 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 Leicester local authority area for the corresponding sale date. Both of the two 40 FAIRFAX 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
2011 18 AUG	£167,000	£205,195	19% below HPI
1996 21 JUN	£57,225	£68,431	16% below HPI

40 FAIRFAX ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 40 FAIRFAX ROAD sales from June 1996 and August 2011 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 June 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 FAIRFAX ROAD?

40 FAIRFAX ROAD is 153m², which includes four extensions, according to the EPC inspection conducted in August 2022. 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 40 FAIRFAX ROAD lies on this distribution: 78% of detached houses are smaller than 40 FAIRFAX ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 FAIRFAX ROAD: Plot and Title Map

40 FAIRFAX ROAD sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 40 FAIRFAX 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 40 FAIRFAX 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 40 FAIRFAX ROAD?

40 FAIRFAX ROAD is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 40 on FAIRFAX ROAD.