5, THE AVENUE, BLABY, LEICESTER, LE8 4GW - £280,000

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.

5 THE AVENUE is a midsized extended detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £342,627. It was last sold for £280,000 in April 2020, which was around 12% below the average April 2020 detached price in the Blaby local authority area. The most recent EPC inspection was May 2019, where the current energy rating was F, and the potential energy rating was B.

5 THE AVENUE Sold Prices

Land registry data shows two sales for 5 THE AVENUE 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 5 THE AVENUE 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
2020 24 APR	£280,000	£318,921	12% below HPI
1995 3 NOV	£60,000	£73,486	18% below HPI

5 THE AVENUE 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 5 THE AVENUE sales from November 1995 and April 2020 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 November 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 THE AVENUE be worth now?

5 THE AVENUE might now be worth an estimated £342,627.

This is based on house price inflation of 22.4%, between April 2020 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 22.4% inflationary increase is applied to the most recent sale price for 5 THE AVENUE of £280,000 on 24th April 2020. For the value to have increased from £280,000 to £342,627 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 5 THE AVENUE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The April 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE AVENUE has not materially changed since April 2020.

How Large is 5 THE AVENUE?

5 THE AVENUE is 104m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% 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 5 THE AVENUE lies on this distribution: 51% of detached houses houses are smaller than 5 THE AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Blaby.

5 THE AVENUE: Plot and Title Map

5 THE AVENUE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 5 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

5 THE AVENUE is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 5 on THE AVENUE.