48, PARK RISE, LEICESTER, LE3 6SH - £132,000

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.

48 PARK RISE is a very small semi-detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £217,873. It was last sold for £132,000 in April 2016, which was around 17% below the average April 2016 semi-detached price in the Leicester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

48 PARK RISE Sold Prices

Land registry data shows six sales for 48 PARK RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Leicester local authority area for the corresponding sale date. All of the six 48 PARK RISE 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
2016 15 APR	£132,000	£158,901	17% below HPI
2006 15 DEC	£123,000	£137,060	10% below HPI
2004 1 APR	£90,000	£115,131	22% below HPI
2001 2 OCT	£52,500	£63,676	18% below HPI
1998 9 APR	£35,000	£45,055	22% below HPI
1995 16 JUN	£29,951	£41,948	29% below HPI

48 PARK RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Leicester local authority area over time, sourced from the HPI. The six 48 PARK RISE sales between June 1995 and April 2016 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 December 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 48 PARK RISE be worth now?

48 PARK RISE might now be worth an estimated £217,873.

This is based on house price inflation of 65.1%, between April 2016 and February 2025, for semi-detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.1% inflationary increase is applied to the most recent sale price for 48 PARK RISE of £132,000 on 15th April 2016. For the value to have increased from £132,000 to £217,873 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 48 PARK RISE has moved in line with the HPI for semi-detached houses in the Leicester local authority area.
• The April 2016 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PARK RISE has not materially changed since April 2016.

How Large is 48 PARK RISE?

48 PARK RISE is 81m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 48 PARK RISE lies on this distribution: 14% of semi-detached houses houses are smaller than 48 PARK RISE, and 85% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 PARK RISE: Plot and Title Map

48 PARK RISE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 48 PARK RISE, 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 48 PARK RISE). 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 48 PARK RISE?

48 PARK RISE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 48 on PARK RISE.