9, BUTE WAY, COUNTESTHORPE, LEICESTER, LE8 5TX - £310,000

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

9 BUTE WAY is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £310,000 in November 2022, which was around 24% below the average November 2022 detached price in the Blaby local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was B.

9 BUTE WAY Sold Prices

Land registry data shows two sales for 9 BUTE 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 Blaby local authority area for the corresponding sale date. Both of the two 9 BUTE 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
2022 25 NOV	£310,000	£405,777	24% below HPI
2001 2 FEB	£100,000	£115,257	13% below HPI

9 BUTE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The two 9 BUTE WAY sales from February 2001 and November 2022 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 February 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 9 BUTE WAY?

9 BUTE WAY is 113m², which includes three extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 50% of detached houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Countesthorpe, and where 9 BUTE WAY lies on this distribution: 46% of detached houses are smaller than 9 BUTE WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

9 BUTE WAY: Plot and Title Map

9 BUTE WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 9 BUTE 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 9 BUTE 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 9 BUTE WAY?

9 BUTE WAY is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 9 on BUTE WAY.