5, SCOTLAND WAY, COUNTESTHORPE, LEICESTER, LE8 5QZ - £325,000

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

5 SCOTLAND WAY is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £325,000 in March 2022, which was around 14% below the average March 2022 detached price in the Blaby local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

5 SCOTLAND WAY Sold Prices

Land registry data shows four sales for 5 SCOTLAND WAY 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 5 SCOTLAND WAY 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
2022 25 MAR	£325,000	£376,330	14% below HPI
2019 22 JUL	£265,000	£320,478	17% below HPI
1999 8 OCT	£79,500	£97,994	19% below HPI
1996 8 MAR	£64,000	£75,904	16% below HPI

5 SCOTLAND WAY 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 5 SCOTLAND WAY sales between March 1996 and March 2022 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 July 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 SCOTLAND WAY?

5 SCOTLAND WAY is 88m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Countesthorpe, and where 5 SCOTLAND WAY lies on this distribution: 18% of detached houses are smaller than 5 SCOTLAND WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

5 SCOTLAND WAY: Plot and Title Map

5 SCOTLAND WAY sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 5 SCOTLAND WAY, 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 5 SCOTLAND WAY). 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 5 SCOTLAND WAY?

5 SCOTLAND WAY is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 5 on SCOTLAND WAY.