50, FAIRACRE ROAD, BARWELL, LEICESTER, LE9 8HH - £300,000

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.

50 FAIRACRE ROAD is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £298,577. It was last sold for £300,000 in November 2022, which was around 22% below the average November 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

50 FAIRACRE ROAD Sold Prices

Land registry data shows two sales for 50 FAIRACRE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 50 FAIRACRE ROAD 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 1 NOV	£300,000	£382,863	22% below HPI
2014 14 FEB	£157,000	£213,942	27% below HPI

50 FAIRACRE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 50 FAIRACRE ROAD sales from February 2014 and November 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 February 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 50 FAIRACRE ROAD be worth now?

50 FAIRACRE ROAD might now be worth an estimated £298,577.

This is based on house price deflation of 0.5%, between November 2022 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 50 FAIRACRE ROAD of £300,000 on 1st November 2022. For the value to have decreased from £300,000 to £298,577 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 50 FAIRACRE ROAD has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The November 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 50 FAIRACRE ROAD has not materially changed since November 2022.

How Large is 50 FAIRACRE ROAD?

50 FAIRACRE ROAD is 106m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Barwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barwell, and where 50 FAIRACRE ROAD lies on this distribution: 59% of detached houses houses are smaller than 50 FAIRACRE ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Barwell.

50 FAIRACRE ROAD: Plot and Title Map

50 FAIRACRE ROAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 50 FAIRACRE 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 50 FAIRACRE 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 50 FAIRACRE ROAD?

50 FAIRACRE ROAD is located in BARWELL, in the LE9 postcode district. The below map shows the position of No. 50 on FAIRACRE ROAD.