8, PRICE WAY, THURMASTON, LEICESTER, LE4 8BG - £147,000

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 PRICE WAY is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £147,000 in August 2006, which was around 40% below the average August 2006 detached price in the Charnwood local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

8 PRICE WAY Sold Prices

Land registry data shows two sales for 8 PRICE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 8 PRICE 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
2006 4 AUG	£147,000	£245,569	40% below HPI
2002 30 AUG	£120,000	£167,248	28% below HPI

8 PRICE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 8 PRICE WAY sales from August 2002 and August 2006 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 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2006 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 PRICE WAY?

8 PRICE WAY is 64m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 8 PRICE WAY lies on this distribution: 15% of detached houses are smaller than 8 PRICE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

8 PRICE WAY: Plot and Title Map

8 PRICE WAY sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 8 PRICE 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 PRICE 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 PRICE WAY?

8 PRICE WAY is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 8 on PRICE WAY.