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

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.

56 FARMWAY is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £365,117. It was last sold for £360,140 in December 2023, which was around 6% 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	£384,933	6% below HPI
2015 5 JUN	£220,000	£247,873	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 56 FARMWAY be worth now?

56 FARMWAY might now be worth an estimated £365,117.

This is based on house price inflation of 1.4%, between December 2023 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 1.4% inflationary increase is applied to the most recent sale price for 56 FARMWAY of £360,140 on 15th December 2023. For the value to have increased from £360,140 to £365,117 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 56 FARMWAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2023 sale price of £360,140 represented a fair market value for the property.
• The size, condition, and specification of 56 FARMWAY has not materially changed since December 2023.

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 houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 56 FARMWAY lies on this distribution: 49% of detached houses 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.