1, PHIPPS CLOSE, WHETSTONE, LEICESTER, LE8 6YN - £326,450

1 PHIPPS CLOSE is a large extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £326,450 in June 2019, which was around 3% above the average June 2019 detached price in the Blaby local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

1 PHIPPS CLOSE Sold Prices

Land registry data shows two sales for 1 PHIPPS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 1 PHIPPS CLOSE 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
2019 7 JUN	£326,450	£316,357	3% above HPI
2014 23 APR	£250,000	£238,374	5% above HPI

1 PHIPPS CLOSE 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 two 1 PHIPPS CLOSE sales from April 2014 and June 2019 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 April 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 PHIPPS CLOSE?

1 PHIPPS CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 1 PHIPPS CLOSE lies on this distribution: 72% of detached houses are smaller than 1 PHIPPS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

1 PHIPPS CLOSE: Plot and Title Map

1 PHIPPS CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 1 PHIPPS CLOSE, 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 1 PHIPPS CLOSE). 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 1 PHIPPS CLOSE?

1 PHIPPS CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 1 on PHIPPS CLOSE.