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 FRANCIS WAY is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £270,000 in February 2023, which was around 24% below the average February 2023 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows seven sales for 8 FRANCIS WAY since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. Most of the seven 8 FRANCIS WAY 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 |
---|---|---|---|
2023 10 FEB | £270,000 | £353,027 | 24% below HPI |
2020 13 NOV | £269,995 | £303,697 | 11% below HPI |
2019 5 DEC | £257,500 | £292,836 | 12% below HPI |
2009 28 AUG | £172,000 | £194,583 | 12% below HPI |
2005 31 MAY | £190,000 | £208,179 | 9% below HPI |
2002 15 MAR | £118,500 | £125,176 | 5% below HPI |
2000 30 JUN | £104,205 | £97,492 | 7% above HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The seven 8 FRANCIS WAY sales between June 2000 and February 2023 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 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
8 FRANCIS WAY is 102m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Ellistown, based on EPC data. The below chart shows the distribution of detached houses by size in Ellistown, and where 8 FRANCIS WAY lies on this distribution: 43% of detached houses are smaller than 8 FRANCIS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Ellistown.
8 FRANCIS WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 FRANCIS 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 FRANCIS 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.
8 FRANCIS WAY is located in ELLISTOWN, in the LE67 postcode district. The below map shows the position of No. 8 on FRANCIS WAY.