2, GRACE ROAD, SAPCOTE, LEICESTER, LE9 4JX - £290,000

2 GRACE ROAD is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £290,000 in June 2022, which was around 25% below the average June 2022 detached price in the Blaby local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 GRACE ROAD Sold Prices

Land registry data shows four sales for 2 GRACE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 2 GRACE ROAD 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 17 JUN	£290,000	£386,503	25% below HPI
2001 2 NOV	£97,000	£128,050	24% below HPI
1997 18 JUN	£64,000	£81,536	22% below HPI
1995 27 OCT	£47,000	£74,610	37% below HPI

2 GRACE ROAD 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 four 2 GRACE ROAD sales between October 1995 and June 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 November 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 GRACE ROAD?

2 GRACE ROAD is 88m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Sapcote, based on EPC data. The below chart shows the distribution of detached houses by size in Sapcote, and where 2 GRACE ROAD lies on this distribution: 19% of detached houses are smaller than 2 GRACE ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

2 GRACE ROAD: Plot and Title Map

2 GRACE ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2 GRACE ROAD, 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 2 GRACE ROAD). 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 2 GRACE ROAD?

2 GRACE ROAD is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 2 on GRACE ROAD.