63A, DESFORD ROAD, NEWBOLD VERDON, LEICESTER, LE9 9LG - £585,000

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

63A DESFORD ROAD is a very large extended detached house of 188m², built sometime between 1983 and 1990. It was last sold for £585,000 in December 2022, which was around 46% above the average December 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

63A DESFORD ROAD Sold Prices

Land registry data shows two sales for 63A DESFORD 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 Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 63A DESFORD 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 2 DEC	£585,000	£400,721	46% above HPI
2017 6 OCT	£247,000	£295,008	16% below HPI

63A DESFORD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 63A DESFORD ROAD sales from October 2017 and December 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 October 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2022 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 63A DESFORD ROAD?

63A DESFORD ROAD is 188m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Newbold Verdon, based on EPC data. The below chart shows the distribution of detached houses by size in Newbold Verdon, and where 63A DESFORD ROAD lies on this distribution: 93% of detached houses are smaller than 63A DESFORD ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Newbold Verdon.

63A DESFORD ROAD: Plot and Title Map

63A DESFORD ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 63A DESFORD 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 63A DESFORD 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 63A DESFORD ROAD?

63A DESFORD ROAD is located in NEWBOLD VERDON, in the LE9 postcode district. The below map shows the position of No. 63A on DESFORD ROAD.