7, ERVIN WAY, QUENIBOROUGH, LEICESTER, LE7 3TT - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 ERVIN WAY is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £426,216. It was last sold for £325,000 in April 2019, which was around 3% above the average April 2019 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

7 ERVIN WAY Sold Prices

Land registry data shows four sales for 7 ERVIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the four 7 ERVIN 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
2019 5 APR	£325,000	£314,201	3% above HPI
2007 5 OCT	£269,950	£260,876	3% above HPI
2003 9 MAY	£197,000	£192,949	2% above HPI
1995 17 FEB	£82,500	£77,469	6% above HPI

7 ERVIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 7 ERVIN WAY sales between February 1995 and April 2019 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 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2019 sale, which was also at 3% above the HPI.

What might 7 ERVIN WAY be worth now?

7 ERVIN WAY might now be worth an estimated £426,216.

This is based on house price inflation of 31.1%, between April 2019 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for 7 ERVIN WAY of £325,000 on 5th April 2019. For the value to have increased from £325,000 to £426,216 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 7 ERVIN WAY has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ERVIN WAY has not materially changed since April 2019.

How Large is 7 ERVIN WAY?

7 ERVIN WAY is 76m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Queniborough, and where 7 ERVIN WAY lies on this distribution: 13% of detached houses houses are smaller than 7 ERVIN WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

7 ERVIN WAY: Plot and Title Map

7 ERVIN WAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 7 ERVIN 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 7 ERVIN 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 7 ERVIN WAY?

7 ERVIN WAY is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 7 on ERVIN WAY.