53A, GRANGE LANE, THURNBY, LEICESTER, LE7 9PH - £275,000

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.

53A GRANGE LANE is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £408,913. It was last sold for £275,000 in March 2016, which was around 16% below the average March 2016 detached price in the Harborough local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

53A GRANGE LANE Sold Prices

Land registry data shows two sales for 53A GRANGE 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 Harborough local authority area for the corresponding sale date. Both of the two 53A GRANGE LANE 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
2016 24 MAR	£275,000	£326,410	16% below HPI
2000 17 MAR	£70,000	£124,533	44% below HPI

53A GRANGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 53A GRANGE LANE sales from March 2000 and March 2016 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 March 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 53A GRANGE LANE be worth now?

53A GRANGE LANE might now be worth an estimated £408,913.

This is based on house price inflation of 48.7%, between March 2016 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.7% inflationary increase is applied to the most recent sale price for 53A GRANGE LANE of £275,000 on 24th March 2016. For the value to have increased from £275,000 to £408,913 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 53A GRANGE LANE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2016 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 53A GRANGE LANE has not materially changed since March 2016.

How Large is 53A GRANGE LANE?

53A GRANGE LANE is 78m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 53A GRANGE LANE lies on this distribution: 12% of detached houses houses are smaller than 53A GRANGE LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Leicester.

53A GRANGE LANE: Plot and Title Map

53A GRANGE LANE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 53A GRANGE 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 53A GRANGE 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 53A GRANGE LANE?

53A GRANGE LANE is located in THURNBY, in the LE7 postcode district. The below map shows the position of No. 53A on GRANGE LANE.