9, FARRIER LANE, LEICESTER, LE4 0WB - £331,500

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.

9 FARRIER LANE is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £336,932. It was last sold for £331,500 in September 2022, which was around 13% below the average September 2022 detached price in the Leicester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

9 FARRIER LANE Sold Prices

Land registry data shows three sales for 9 FARRIER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 9 FARRIER LANE 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 23 SEP	£331,500	£379,850	13% below HPI
2009 21 MAY	£126,000	£181,443	31% below HPI
1998 31 JUL	£54,950	£74,224	26% below HPI

9 FARRIER LANE 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 three 9 FARRIER LANE sales between July 1998 and September 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 May 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 9 FARRIER LANE be worth now?

9 FARRIER LANE might now be worth an estimated £336,932.

This is based on house price inflation of 1.6%, between September 2022 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.6% inflationary increase is applied to the most recent sale price for 9 FARRIER LANE of £331,500 on 23rd September 2022. For the value to have increased from £331,500 to £336,932 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 FARRIER LANE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The September 2022 sale price of £331,500 represented a fair market value for the property.
• The size, condition, and specification of 9 FARRIER LANE has not materially changed since September 2022.

How Large is 9 FARRIER LANE?

9 FARRIER LANE is 89m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 9 FARRIER LANE lies on this distribution: 22% of detached houses houses are smaller than 9 FARRIER LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leicester.

9 FARRIER LANE: Plot and Title Map

9 FARRIER LANE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 9 FARRIER LANE, 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 FARRIER LANE). 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 FARRIER LANE?

9 FARRIER LANE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 9 on FARRIER LANE.