1, CAIRNS CLOSE, LEICESTER, LE3 2TG - £277,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CAIRNS CLOSE is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £277,500 in September 2021, which was around 22% below the average September 2021 detached price in the Blaby local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

1 CAIRNS CLOSE Sold Prices

Land registry data shows two sales for 1 CAIRNS 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 CAIRNS CLOSE 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
2021 21 SEP	£277,500	£357,460	22% below HPI
2005 29 JUL	£204,500	£214,997	5% below HPI

1 CAIRNS 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 CAIRNS CLOSE sales from July 2005 and September 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 July 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 CAIRNS CLOSE?

1 CAIRNS CLOSE is 85m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 1 CAIRNS CLOSE lies on this distribution: 18% of detached houses are smaller than 1 CAIRNS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Leicester.

1 CAIRNS CLOSE: Plot and Title Map

1 CAIRNS CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 1 CAIRNS 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 CAIRNS 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 CAIRNS CLOSE?

1 CAIRNS CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 1 on CAIRNS CLOSE.