1, OTTER WAY, WHETSTONE, LEICESTER, LE8 6ZU - £338,000

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 OTTER WAY is a very large extended detached house of 158m², built sometime between 1991 and 1995, which could now be worth an estimated £548,587. It was last sold for £338,000 in November 2014, which was around 39% above the average November 2014 detached price in the Blaby local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

1 OTTER WAY Sold Prices

Land registry data shows two sales for 1 OTTER WAY 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 OTTER WAY 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 7 NOV	£338,000	£243,122	39% above HPI
2010 4 JUN	£315,000	£216,283	46% above HPI

1 OTTER WAY 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 OTTER WAY sales from June 2010 and November 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 June 2010 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2014 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 1 OTTER WAY be worth now?

1 OTTER WAY might now be worth an estimated £548,587.

This is based on house price inflation of 62.3%, between November 2014 and December 2024, 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 62.3% inflationary increase is applied to the most recent sale price for 1 OTTER WAY of £338,000 on 7th November 2014. For the value to have increased from £338,000 to £548,587 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 OTTER WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2014 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OTTER WAY has not materially changed since November 2014.

How Large is 1 OTTER WAY?

1 OTTER WAY is 158m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 20% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 1 OTTER WAY lies on this distribution: 84% of detached houses houses are smaller than 1 OTTER WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

1 OTTER WAY: Plot and Title Map

1 OTTER WAY sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 1 OTTER WAY, 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 OTTER WAY). 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 OTTER WAY?

1 OTTER WAY is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 1 on OTTER WAY.