1, FREER CLOSE, BLABY, LEICESTER, LE8 4FX - £297,000

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 FREER CLOSE is a very large extended detached house of 149m², built sometime between 1976 and 1982. It was last sold for £297,000 in June 2014, which was around 25% above the average June 2014 detached price in the Blaby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

1 FREER CLOSE Sold Prices

Land registry data shows two sales for 1 FREER 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 FREER 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
2014 5 JUN	£297,000	£237,794	25% above HPI
1995 25 MAY	£78,500	£74,585	5% above HPI

1 FREER 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 FREER CLOSE sales from May 1995 and June 2014 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 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2014 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 FREER CLOSE?

1 FREER CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 1 FREER CLOSE lies on this distribution: 85% of detached houses are smaller than 1 FREER CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Blaby.

1 FREER CLOSE: Plot and Title Map

1 FREER CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 1 FREER 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 FREER 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 FREER CLOSE?

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