PARK VIEW, CHERRY DRIVE, SYSTON, LEICESTER, LE7 2PT - £256,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PARK VIEW is a small detached house of 101m², which could now be worth an estimated £330,620. It was last sold for £256,000 in October 2018, which was around 20% below the average October 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW 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 PARK VIEW 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
2018 19 OCT	£256,000	£319,055	20% below HPI
2014 9 JUN	£172,000	£251,306	32% below HPI

PARK VIEW 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 PARK VIEW sales from June 2014 and October 2018 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 June 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might PARK VIEW be worth now?

PARK VIEW might now be worth an estimated £330,620.

This is based on house price inflation of 29.1%, between October 2018 and December 2024, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.1% inflationary increase is applied to the most recent sale price for PARK VIEW of £256,000 on 19th October 2018. For the value to have increased from £256,000 to £330,620 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of PARK VIEW has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The October 2018 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of PARK VIEW has not materially changed since October 2018.

How Large is PARK VIEW?

PARK VIEW is 101m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Syston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Syston, and where PARK VIEW lies on this distribution: 34% of detached houses houses are smaller than PARK VIEW, and 65% of houses are larger. Note that EPC data is not available for all properties in Syston.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on CHERRY DRIVE in SYSTON, in the LE7 postcode district. The below map shows the position of PARK VIEW on CHERRY DRIVE.