5, FOREST RISE, DESFORD, LEICESTER, LE9 9DX - £368,000

5 FOREST RISE is a small detached house of 118m², built sometime between 1991 and 1995. It was last sold for £368,000 in December 2021, which was around 5% below the average December 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

5 FOREST RISE Sold Prices

Land registry data shows three sales for 5 FOREST RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the three 5 FOREST RISE sales was for below the average price, whilst two 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
2021 8 DEC	£368,000	£385,742	5% below HPI
2002 27 SEP	£197,500	£156,809	26% above HPI
2000 22 SEP	£145,000	£109,838	32% above HPI

5 FOREST RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 5 FOREST RISE sales between September 2000 and December 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 September 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 FOREST RISE?

5 FOREST RISE is 118m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Desford, based on EPC data. The below chart shows the distribution of detached houses by size in Desford, and where 5 FOREST RISE lies on this distribution: 40% of detached houses are smaller than 5 FOREST RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Desford.

5 FOREST RISE: Plot and Title Map

5 FOREST RISE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 5 FOREST 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 5 FOREST 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 5 FOREST RISE?

5 FOREST RISE is located in DESFORD, in the LE9 postcode district. The below map shows the position of No. 5 on FOREST RISE.