8, FORGE END, ROTHLEY, LEICESTER, LE7 7NY - £440,000

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.

8 FORGE END is a small detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £530,315. It was last sold for £440,000 in February 2021, which was around 25% above the average February 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

8 FORGE END Sold Prices

Land registry data shows three sales for 8 FORGE END since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Two of the three 8 FORGE END sales were for above the average price, whilst one was 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 3 FEB	£440,000	£353,180	25% above HPI
2005 18 NOV	£315,000	£231,411	36% above HPI
1999 30 APR	£32,000	£95,824	67% below HPI

8 FORGE END Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 8 FORGE END sales between April 1999 and February 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 November 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 FORGE END be worth now?

8 FORGE END might now be worth an estimated £530,315.

This is based on house price inflation of 20.5%, between February 2021 and April 2026, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.5% inflationary increase is applied to the most recent sale price for 8 FORGE END of £440,000 on 3rd February 2021. For the value to have increased from £440,000 to £530,315 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 8 FORGE END has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The February 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FORGE END has not materially changed since February 2021.

How Large is 8 FORGE END?

8 FORGE END is 115m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 8 FORGE END lies on this distribution: 34% of detached houses houses are smaller than 8 FORGE END, and 65% of houses are larger. Note that EPC data is not available for all properties in Rothley.

8 FORGE END: Plot and Title Map

8 FORGE END sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 FORGE END, 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 8 FORGE END). 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 8 FORGE END?

8 FORGE END is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 8 on FORGE END.