1, CHESTNUT CLOSE, QUENIBOROUGH, LEICESTER, LE7 3DW - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHESTNUT CLOSE is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £292,139. It was last sold for £250,000 in April 2021, which was around 29% below the average April 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

1 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 1 CHESTNUT 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 Charnwood local authority area for the corresponding sale date. Both of the two 1 CHESTNUT 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 30 APR	£250,000	£352,618	29% below HPI
1999 21 MAY	£69,000	£98,113	30% below HPI

1 CHESTNUT CLOSE 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 two 1 CHESTNUT CLOSE sales from May 1999 and April 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 May 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 CHESTNUT CLOSE be worth now?

1 CHESTNUT CLOSE might now be worth an estimated £292,139.

This is based on house price inflation of 16.9%, between April 2021 and December 2024, 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 16.9% inflationary increase is applied to the most recent sale price for 1 CHESTNUT CLOSE of £250,000 on 30th April 2021. For the value to have increased from £250,000 to £292,139 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 1 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The April 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHESTNUT CLOSE has not materially changed since April 2021.

How Large is 1 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Queniborough, and where 1 CHESTNUT CLOSE lies on this distribution: 18% of detached houses houses are smaller than 1 CHESTNUT CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

1 CHESTNUT CLOSE: Plot and Title Map

1 CHESTNUT CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1 CHESTNUT 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 CHESTNUT 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 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 1 on CHESTNUT CLOSE.