7, PARK RISE, LEICESTER, LE3 6SG - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 PARK RISE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £310,000 in September 2022, which was around 21% below the average September 2022 detached price in the Leicester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

7 PARK RISE Sold Prices

Land registry data shows three sales for 7 PARK RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 7 PARK RISE 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
2022 28 SEP	£310,000	£390,726	21% below HPI
2017 30 JUN	£235,000	£271,556	13% below HPI
2006 13 APR	£150,000	£202,027	26% below HPI

7 PARK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 7 PARK RISE sales between April 2006 and September 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 June 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 PARK RISE?

7 PARK RISE is 86m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 7 PARK RISE lies on this distribution: 19% of detached houses are smaller than 7 PARK RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 PARK RISE: Plot and Title Map

7 PARK RISE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 7 PARK RISE, 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 PARK RISE). 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 PARK RISE?

7 PARK RISE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 7 on PARK RISE.