56, FARMWAY, LEICESTER, LE3 2XA - £360,140

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

56 FARMWAY is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £360,140 in December 2023, which was around 9% below the average December 2023 detached price in the Blaby local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

56 FARMWAY Sold Prices

Land registry data shows two sales for 56 FARMWAY 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 56 FARMWAY 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
2023 15 DEC	£360,140	£393,792	9% below HPI
2015 5 JUN	£220,000	£252,919	13% below HPI

56 FARMWAY 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 56 FARMWAY sales from June 2015 and December 2023 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 56 FARMWAY?

56 FARMWAY is 115m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 56 FARMWAY lies on this distribution: 49% of detached houses are smaller than 56 FARMWAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Leicester.

56 FARMWAY: Plot and Title Map

56 FARMWAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 56 FARMWAY, 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 56 FARMWAY). 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 56 FARMWAY?

56 FARMWAY is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 56 on FARMWAY.