8, CHAPEL RISE, WORTHINGTON, ASHBY-DE-LA-ZOUCH, LE65 1RX - £350,000

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

8 CHAPEL RISE is a midsized detached house of 140m², built sometime between 1983 and 1990. It was last sold for £350,000 in April 2018, which was around 28% above the average April 2018 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

8 CHAPEL RISE Sold Prices

Land registry data shows four sales for 8 CHAPEL RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 8 CHAPEL RISE 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
2018 20 APR	£350,000	£273,680	28% above HPI
2010 11 AUG	£302,500	£219,045	38% above HPI
2007 8 JUN	£280,000	£226,401	24% above HPI
2005 14 OCT	£249,500	£207,331	20% above HPI

8 CHAPEL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 8 CHAPEL RISE sales between October 2005 and April 2018 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 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2018 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8 CHAPEL RISE?

8 CHAPEL RISE is 140m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Worthington, based on EPC data. The below chart shows the distribution of detached houses by size in Worthington, and where 8 CHAPEL RISE lies on this distribution: 59% of detached houses are smaller than 8 CHAPEL RISE, and 41% of houses are larger. Note that EPC data is not available for all properties in Worthington.

8 CHAPEL RISE: Plot and Title Map

8 CHAPEL RISE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 8 CHAPEL 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 8 CHAPEL 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 8 CHAPEL RISE?

8 CHAPEL RISE is located in WORTHINGTON, in the LE65 postcode district. The below map shows the position of No. 8 on CHAPEL RISE.