40B, LAUREL ROAD, BLABY, LEICESTER, LE8 4DL - £290,000

40B LAUREL ROAD is a very small detached house of 45m², built sometime between 1983 and 1990. It was last sold for £290,000 in June 2021, which was around 21% below the average June 2021 detached price in the Blaby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

40B LAUREL ROAD Sold Prices

Land registry data shows four sales for 40B LAUREL 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 40B LAUREL 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
2021 18 JUN	£290,000	£366,567	21% below HPI
2016 12 AUG	£219,950	£270,455	19% below HPI
2004 30 JUL	£165,000	£209,728	21% below HPI
1998 14 AUG	£77,950	£87,173	11% below HPI

40B LAUREL 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 40B LAUREL ROAD sales between August 1998 and June 2021 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 August 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40B LAUREL ROAD?

40B LAUREL ROAD is 45m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 40B LAUREL ROAD lies on this distribution: 1% of detached houses are smaller than 40B LAUREL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Blaby.

40B LAUREL ROAD: Plot and Title Map

40B LAUREL ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 40B LAUREL 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 40B LAUREL 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 40B LAUREL ROAD?

40B LAUREL ROAD is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 40B on LAUREL ROAD.