31, BROOM WAY, NARBOROUGH, LEICESTER, LE19 3RY - £200,000

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.

31 BROOM WAY is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £249,399. It was last sold for £200,000 in June 2020, which was around 4% below the average June 2020 semi-detached price in the Blaby local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

31 BROOM WAY Sold Prices

Land registry data shows four sales for 31 BROOM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. All of the four 31 BROOM 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
2020 26 JUN	£200,000	£208,853	4% below HPI
2019 5 JUL	£174,950	£204,596	14% below HPI
2004 28 MAY	£123,950	£129,037	4% below HPI
1996 15 NOV	£45,000	£48,424	7% below HPI

31 BROOM WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The four 31 BROOM WAY sales between November 1996 and June 2020 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 July 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 31 BROOM WAY be worth now?

31 BROOM WAY might now be worth an estimated £249,399.

This is based on house price inflation of 24.7%, between June 2020 and February 2025, for semi-detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 31 BROOM WAY of £200,000 on 26th June 2020. For the value to have increased from £200,000 to £249,399 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 31 BROOM WAY has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The June 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BROOM WAY has not materially changed since June 2020.

How Large is 31 BROOM WAY?

31 BROOM WAY is 58m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of semi-detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Narborough, and where 31 BROOM WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 31 BROOM WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Narborough.

31 BROOM WAY: Plot and Title Map

31 BROOM WAY sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 31 BROOM 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 31 BROOM 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 31 BROOM WAY?

31 BROOM WAY is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 31 on BROOM WAY.