50, CORK LANE, GLEN PARVA, LEICESTER, LE2 9JS - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

50 CORK LANE is a large extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £419,215. It was last sold for £345,000 in June 2020, which was around 7% above the average June 2020 detached price in the Blaby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

50 CORK LANE Sold Prices

Land registry data shows two sales for 50 CORK LANE 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 50 CORK LANE 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
2020 26 JUN	£345,000	£321,165	7% above HPI
2000 10 MAY	£105,000	£101,362	4% above HPI

50 CORK LANE 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 50 CORK LANE sales from May 2000 and June 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 May 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 50 CORK LANE be worth now?

50 CORK LANE might now be worth an estimated £419,215.

This is based on house price inflation of 21.5%, between June 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 21.5% inflationary increase is applied to the most recent sale price for 50 CORK LANE of £345,000 on 26th June 2020. For the value to have increased from £345,000 to £419,215 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 50 CORK LANE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The June 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 50 CORK LANE has not materially changed since June 2020.

How Large is 50 CORK LANE?

50 CORK LANE is 137m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 50 CORK LANE lies on this distribution: 69% of detached houses houses are smaller than 50 CORK LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Leicester.

50 CORK LANE: Plot and Title Map

50 CORK LANE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 50 CORK LANE, 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 50 CORK LANE). 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 50 CORK LANE?

50 CORK LANE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 50 on CORK LANE.