40A, LAUREL ROAD, BLABY, LEICESTER, LE8 4DL - £300,000

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

40A LAUREL ROAD is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £300,000 in March 2023, which was around 26% below the average March 2023 detached price in the Blaby local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

40A LAUREL ROAD Sold Prices

Land registry data shows two sales for 40A LAUREL 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 Blaby local authority area for the corresponding sale date. Both of the two 40A LAUREL 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
2023 3 MAR	£300,000	£403,799	26% below HPI
2016 16 DEC	£173,000	£276,011	37% below HPI

40A LAUREL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 40A LAUREL ROAD sales from December 2016 and March 2023 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40A LAUREL ROAD?

40A LAUREL ROAD is 54m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 40A LAUREL ROAD lies on this distribution: 1% of detached houses are smaller than 40A LAUREL ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Blaby.

40A LAUREL ROAD: Plot and Title Map

40A LAUREL ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 40A LAUREL 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 40A LAUREL 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 40A LAUREL ROAD?

40A LAUREL ROAD is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 40A on LAUREL ROAD.