8, FAIR ISLE WAY, COUNTESTHORPE, LEICESTER, LE8 5WX - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 FAIR ISLE WAY is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £267,457. It was last sold for £150,000 in February 2014, which was around 3% above the average February 2014 semi-detached price in the Blaby local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

8 FAIR ISLE WAY Sold Prices

Land registry data shows three sales for 8 FAIR ISLE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. All of the three 8 FAIR ISLE 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
2014 28 FEB	£150,000	£146,064	3% above HPI
2011 9 DEC	£148,000	£141,892	4% above HPI
2002 14 AUG	£105,000	£92,405	14% above HPI

8 FAIR ISLE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The three 8 FAIR ISLE WAY sales between August 2002 and February 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 December 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 FAIR ISLE WAY be worth now?

8 FAIR ISLE WAY might now be worth an estimated £267,457.

This is based on house price inflation of 78.3%, between February 2014 and February 2025, for semi-detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.3% inflationary increase is applied to the most recent sale price for 8 FAIR ISLE WAY of £150,000 on 28th February 2014. For the value to have increased from £150,000 to £267,457 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 8 FAIR ISLE WAY has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The February 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FAIR ISLE WAY has not materially changed since February 2014.

How Large is 8 FAIR ISLE WAY?

8 FAIR ISLE WAY is 78m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of semi-detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Countesthorpe, and where 8 FAIR ISLE WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 8 FAIR ISLE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

8 FAIR ISLE WAY: Plot and Title Map

8 FAIR ISLE WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 8 FAIR ISLE 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 8 FAIR ISLE 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 8 FAIR ISLE WAY?

8 FAIR ISLE WAY is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 8 on FAIR ISLE WAY.