55, BROOM WAY, NARBOROUGH, LEICESTER, LE19 3RY - £330,000

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.

55 BROOM WAY is a small extended detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £424,878. It was last sold for £330,000 in June 2018, which was around 9% above the average June 2018 detached price in the Blaby local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

55 BROOM WAY Sold Prices

Land registry data shows two sales for 55 BROOM WAY 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 55 BROOM WAY 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
2018 22 JUN	£330,000	£303,107	9% above HPI
1997 20 JUN	£89,500	£79,910	12% above HPI

55 BROOM WAY 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 55 BROOM WAY sales from June 1997 and June 2018 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 June 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 55 BROOM WAY be worth now?

55 BROOM WAY might now be worth an estimated £424,878.

This is based on house price inflation of 28.8%, between June 2018 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 28.8% inflationary increase is applied to the most recent sale price for 55 BROOM WAY of £330,000 on 22nd June 2018. For the value to have increased from £330,000 to £424,878 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 55 BROOM WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The June 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BROOM WAY has not materially changed since June 2018.

How Large is 55 BROOM WAY?

55 BROOM WAY is 100m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 55 BROOM WAY lies on this distribution: 34% of detached houses houses are smaller than 55 BROOM WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Narborough.

55 BROOM WAY: Plot and Title Map

55 BROOM WAY sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 55 BROOM WAY, 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 55 BROOM WAY). 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 55 BROOM WAY?

55 BROOM WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 55 on BROOM WAY.