6, GRACE ROAD, SAPCOTE, LEICESTER, LE9 4JX - £235,000

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

6 GRACE ROAD is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £235,000 in January 2020, which was around 27% below the average January 2020 detached price in the Blaby local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

6 GRACE ROAD Sold Prices

Land registry data shows three sales for 6 GRACE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 6 GRACE ROAD 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
2020 15 JAN	£235,000	£321,628	27% below HPI
2017 7 AUG	£175,000	£290,317	40% below HPI
1996 18 OCT	£65,000	£78,486	17% below HPI

6 GRACE 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 three 6 GRACE ROAD sales between October 1996 and January 2020 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 August 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 GRACE ROAD?

6 GRACE ROAD is 72m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Sapcote, based on EPC data. The below chart shows the distribution of detached houses by size in Sapcote, and where 6 GRACE ROAD lies on this distribution: 8% of detached houses are smaller than 6 GRACE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

6 GRACE ROAD: Plot and Title Map

6 GRACE ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 6 GRACE 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 6 GRACE 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 6 GRACE ROAD?

6 GRACE ROAD is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 6 on GRACE ROAD.