8, PARK RISE, LEICESTER, LE3 6SH - £245,000

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

8 PARK RISE is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £245,000 in October 2021, which was around 32% below the average October 2021 detached price in the Leicester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

8 PARK RISE Sold Prices

Land registry data shows two sales for 8 PARK RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 8 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
2021 8 OCT	£245,000	£361,711	32% below HPI
2000 20 NOV	£80,000	£92,866	14% below HPI

8 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 two 8 PARK RISE sales from November 2000 and October 2021 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 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 PARK RISE?

8 PARK RISE is 122m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 8 PARK RISE lies on this distribution: 57% of detached houses are smaller than 8 PARK RISE, and 43% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 PARK RISE: Plot and Title Map

8 PARK RISE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 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 8 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 8 PARK RISE?

8 PARK RISE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 8 on PARK RISE.