1, NORTH CLOSE, BLACKFORDBY, SWADLINCOTE, DE11 8AP - £307,000

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 NORTH CLOSE is a midsized detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £348,807. It was last sold for £307,000 in February 2022, which was around 11% below the average February 2022 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1 NORTH CLOSE Sold Prices

Land registry data shows two sales for 1 NORTH 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 1 NORTH 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
2022 23 FEB	£307,000	£345,761	11% below HPI
2021 7 JAN	£235,000	£325,741	28% below HPI

1 NORTH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 1 NORTH CLOSE sales from January 2021 and February 2022 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 January 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 NORTH CLOSE be worth now?

1 NORTH CLOSE might now be worth an estimated £348,807.

This is based on house price inflation of 13.6%, between February 2022 and December 2024, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for 1 NORTH CLOSE of £307,000 on 23rd February 2022. For the value to have increased from £307,000 to £348,807 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 1 NORTH CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The February 2022 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORTH CLOSE has not materially changed since February 2022.

How Large is 1 NORTH CLOSE?

1 NORTH CLOSE is 111m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses houses in Blackfordby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackfordby, and where 1 NORTH CLOSE lies on this distribution: 50% of detached houses houses are smaller than 1 NORTH CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Blackfordby.

1 NORTH CLOSE: Plot and Title Map

1 NORTH CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 1 NORTH 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 NORTH 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 NORTH CLOSE?

1 NORTH CLOSE is located in BLACKFORDBY, in the DE11 postcode district. The below map shows the position of No. 1 on NORTH CLOSE.