32, ELM TREE AVENUE, GLENFIELD, LEICESTER, LE3 8QA - £285,000

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.

32 ELM TREE AVENUE is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £463,941. It was last sold for £285,000 in March 2015, which was around 20% above the average March 2015 detached price in the Blaby local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

32 ELM TREE AVENUE Sold Prices

Land registry data shows two sales for 32 ELM TREE AVENUE 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 32 ELM TREE AVENUE sales were for above 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
2015 30 MAR	£285,000	£238,057	20% above HPI
1995 25 SEP	£95,500	£74,778	28% above HPI

32 ELM TREE AVENUE 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 32 ELM TREE AVENUE sales from September 1995 and March 2015 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 September 1995 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2015 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 32 ELM TREE AVENUE be worth now?

32 ELM TREE AVENUE might now be worth an estimated £463,941.

This is based on house price inflation of 62.8%, between March 2015 and March 2025, for 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 62.8% inflationary increase is applied to the most recent sale price for 32 ELM TREE AVENUE of £285,000 on 30th March 2015. For the value to have increased from £285,000 to £463,941 over the ten years to March 2025, the following assumptions must hold true:

• The value of 32 ELM TREE AVENUE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The March 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 32 ELM TREE AVENUE has not materially changed since March 2015.

How Large is 32 ELM TREE AVENUE?

32 ELM TREE AVENUE is 80m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 32 ELM TREE AVENUE lies on this distribution: 13% of detached houses houses are smaller than 32 ELM TREE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Leicester.

32 ELM TREE AVENUE: Plot and Title Map

32 ELM TREE AVENUE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 32 ELM TREE AVENUE, 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 32 ELM TREE AVENUE). 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 32 ELM TREE AVENUE?

32 ELM TREE AVENUE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 32 on ELM TREE AVENUE.