51, GRASS ACRES, LEICESTER, LE3 2UR - £215,000

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

51 GRASS ACRES is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £215,000 in June 2017, which was around 25% below the average June 2017 detached price in the Blaby local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

51 GRASS ACRES Sold Prices

Land registry data shows two sales for 51 GRASS ACRES 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 51 GRASS ACRES 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
2017 26 JUN	£215,000	£285,206	25% below HPI
2017 31 MAY	£212,500	£283,951	25% below HPI

51 GRASS ACRES 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 51 GRASS ACRES sales from May 2017 and June 2017 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2017 sale, which was also at 25% below the HPI.

How Large is 51 GRASS ACRES?

51 GRASS ACRES is 100m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 51 GRASS ACRES lies on this distribution: 34% of detached houses are smaller than 51 GRASS ACRES, and 65% of houses are larger. Note that EPC data is not available for all properties in Leicester.

51 GRASS ACRES: Plot and Title Map

51 GRASS ACRES sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 51 GRASS ACRES, 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 51 GRASS ACRES). 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 51 GRASS ACRES?

51 GRASS ACRES is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 51 on GRASS ACRES.