7, BUTE WAY, COUNTESTHORPE, LEICESTER, LE8 5TX - £182,500

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.

7 BUTE WAY is a small extended semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £270,119. It was last sold for £182,500 in October 2016, which was around 4% above the average October 2016 semi-detached price in the Blaby local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 BUTE WAY Sold Prices

Land registry data shows two sales for 7 BUTE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. Both of the two 7 BUTE WAY 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
2016 21 OCT	£182,500	£175,960	4% above HPI
2011 10 AUG	£157,500	£142,306	11% above HPI

7 BUTE 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 two 7 BUTE WAY sales from August 2011 and October 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 August 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2016 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 7 BUTE WAY be worth now?

7 BUTE WAY might now be worth an estimated £270,119.

This is based on house price inflation of 48%, between October 2016 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 48% inflationary increase is applied to the most recent sale price for 7 BUTE WAY of £182,500 on 21st October 2016. For the value to have increased from £182,500 to £270,119 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 BUTE WAY has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The October 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BUTE WAY has not materially changed since October 2016.

How Large is 7 BUTE WAY?

7 BUTE WAY is 97m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of semi-detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Countesthorpe, and where 7 BUTE WAY lies on this distribution: 30% of semi-detached houses houses are smaller than 7 BUTE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

7 BUTE WAY: Plot and Title Map

7 BUTE WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 7 BUTE 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 7 BUTE 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 7 BUTE WAY?

7 BUTE WAY is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 7 on BUTE WAY.