48, PARK RISE, LEICESTER, LE3 6SH - £132,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 PARK RISE is a very small semi-detached house of 81m², built sometime between 1967 and 1975. It was last sold for £132,000 in April 2016, which was around 47% below the average April 2016 detached price in the Leicester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

48 PARK RISE Sold Prices

Land registry data shows six sales for 48 PARK RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the six 48 PARK RISE 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
2016 15 APR	£132,000	£249,009	47% below HPI
2006 15 DEC	£123,000	£210,236	41% below HPI
2004 1 APR	£90,000	£184,577	51% below HPI
2001 2 OCT	£52,500	£109,037	52% below HPI
1998 9 APR	£35,000	£75,213	53% below HPI
1995 16 JUN	£29,951	£68,733	56% below HPI

48 PARK RISE 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 six 48 PARK RISE sales between June 1995 and April 2016 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 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 48 PARK RISE?

48 PARK RISE is 81m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 48 PARK RISE lies on this distribution: 14% of detached houses are smaller than 48 PARK RISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 PARK RISE: Plot and Title Map

48 PARK RISE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 48 PARK RISE, 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 48 PARK RISE). 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 48 PARK RISE?

48 PARK RISE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 48 on PARK RISE.