40B, LAUREL ROAD, BLABY, LEICESTER, LE8 4DL - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40B LAUREL ROAD is a very small detached house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £326,854. It was last sold for £290,000 in June 2021, which was around 16% below the average June 2021 detached price in the Blaby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

40B LAUREL ROAD Sold Prices

Land registry data shows four sales for 40B LAUREL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 40B 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
2021 18 JUN	£290,000	£346,250	16% below HPI
2016 12 AUG	£219,950	£265,059	17% below HPI
2004 30 JUL	£165,000	£205,544	20% below HPI
1998 14 AUG	£77,950	£85,434	9% below HPI

40B 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 four 40B LAUREL ROAD sales between August 1998 and June 2021 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 August 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 40B LAUREL ROAD be worth now?

40B LAUREL ROAD might now be worth an estimated £326,854.

This is based on house price inflation of 12.7%, between June 2021 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.7% inflationary increase is applied to the most recent sale price for 40B LAUREL ROAD of £290,000 on 18th June 2021. For the value to have increased from £290,000 to £326,854 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 40B LAUREL ROAD has moved in line with the HPI for detached houses in the Blaby local authority area.
• The June 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 40B LAUREL ROAD has not materially changed since June 2021.

How Large is 40B LAUREL ROAD?

40B LAUREL ROAD is 45m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blaby, and where 40B LAUREL ROAD lies on this distribution: 1% of detached houses houses are smaller than 40B LAUREL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Blaby.

40B LAUREL ROAD: Plot and Title Map

40B LAUREL ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 40B 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 40B 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 40B LAUREL ROAD?

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