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
70A FARMWAY is a very small detached house of 52m². It was last sold for £135,000 in August 2014, which was around 45% below the average August 2014 detached price in the Blaby local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 70A FARMWAY since 1st 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 70A 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 |
---|---|---|---|
2014 29 AUG | £135,000 | £244,569 | 45% below HPI |
2011 9 NOV | £125,000 | £222,622 | 44% below HPI |
The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 70A FARMWAY sales from November 2011 and August 2014 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 November 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
70A FARMWAY is 52m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 70A FARMWAY lies on this distribution: 1% of detached houses are smaller than 70A FARMWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.
70A FARMWAY sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 70A 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 70A 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.
70A FARMWAY is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 70A on FARMWAY.