1, LOBELIA CLOSE, NARBOROUGH, LEICESTER, LE19 3YE - £237,000

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.

1 LOBELIA CLOSE is a small detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £359,262. It was last sold for £237,000 in May 2016, which was around 8% below the average May 2016 detached price in the Blaby local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 LOBELIA CLOSE Sold Prices

Land registry data shows four sales for 1 LOBELIA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 1 LOBELIA 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
2016 27 MAY	£237,000	£257,444	8% below HPI
2007 13 DEC	£217,000	£239,226	9% below HPI
2000 6 OCT	£102,000	£106,771	4% below HPI
1997 29 OCT	£78,250	£82,784	5% below HPI

1 LOBELIA 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 four 1 LOBELIA CLOSE sales between October 1997 and May 2016 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 December 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 LOBELIA CLOSE be worth now?

1 LOBELIA CLOSE might now be worth an estimated £359,262.

This is based on house price inflation of 51.6%, between May 2016 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.6% inflationary increase is applied to the most recent sale price for 1 LOBELIA CLOSE of £237,000 on 27th May 2016. For the value to have increased from £237,000 to £359,262 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 LOBELIA CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2016 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOBELIA CLOSE has not materially changed since May 2016.

How Large is 1 LOBELIA CLOSE?

1 LOBELIA CLOSE is 96m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 1 LOBELIA CLOSE lies on this distribution: 30% of detached houses houses are smaller than 1 LOBELIA CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Narborough.

1 LOBELIA CLOSE: Plot and Title Map

1 LOBELIA CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 1 LOBELIA 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 LOBELIA 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 LOBELIA CLOSE?

1 LOBELIA CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 1 on LOBELIA CLOSE.