41, STATION ROAD, REARSBY, LEICESTER, LE7 4YY - £295,000

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.

41 STATION ROAD is a small detached house of 112m², built sometime between 1900 and 1929, which could now be worth an estimated £516,740. It was last sold for £295,000 in August 2012, which was around 24% above the average August 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

41 STATION ROAD Sold Prices

Land registry data shows three sales for 41 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the three 41 STATION ROAD 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
2012 6 AUG	£295,000	£237,615	24% above HPI
2006 29 JUN	£335,000	£228,918	46% above HPI
2000 3 NOV	£125,000	£119,767	4% above HPI

41 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 41 STATION ROAD sales between November 2000 and August 2012 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 2006 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2012 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 41 STATION ROAD be worth now?

41 STATION ROAD might now be worth an estimated £516,740.

This is based on house price inflation of 75.2%, between August 2012 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.2% inflationary increase is applied to the most recent sale price for 41 STATION ROAD of £295,000 on 6th August 2012. For the value to have increased from £295,000 to £516,740 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 41 STATION ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The August 2012 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 41 STATION ROAD has not materially changed since August 2012.

How Large is 41 STATION ROAD?

41 STATION ROAD is 112m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 40% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 41 STATION ROAD lies on this distribution: 33% of detached houses houses are smaller than 41 STATION ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

41 STATION ROAD: Plot and Title Map

41 STATION ROAD sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 41 STATION 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 41 STATION 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 41 STATION ROAD?

41 STATION ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 41 on STATION ROAD.