54, FAIRE ROAD, GLENFIELD, LEICESTER, LE3 8ED - £422,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 FAIRE ROAD is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £422,500 in March 2022, which was around 12% above the average March 2022 detached price in the Blaby local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

54 FAIRE ROAD Sold Prices

Land registry data shows two sales for 54 FAIRE 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 Blaby local authority area for the corresponding sale date. One of the two 54 FAIRE ROAD sales was for above the average price, whilst the other was 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 24 MAR	£422,500	£376,330	12% above HPI
2016 5 FEB	£165,000	£266,129	38% below HPI

54 FAIRE ROAD 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 54 FAIRE ROAD sales from February 2016 and March 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the March 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 54 FAIRE ROAD?

54 FAIRE ROAD is 91m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 54 FAIRE ROAD lies on this distribution: 25% of detached houses are smaller than 54 FAIRE ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Leicester.

54 FAIRE ROAD: Plot and Title Map

54 FAIRE ROAD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 54 FAIRE 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 54 FAIRE 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 54 FAIRE ROAD?

54 FAIRE ROAD is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 54 on FAIRE ROAD.