1, WALTER CLOSE, GREAT GLEN, LEICESTER, LE8 9AF - £298,000

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 WALTER CLOSE is a midsized detached house of 129m², built sometime from 2007 onwards, which could now be worth an estimated £424,754. It was last sold for £298,000 in November 2016, which was around 12% below the average November 2016 detached price in the Harborough local authority area. The most recent EPC inspection was December 2015, where the current energy rating was A, and the potential energy rating was A.

1 WALTER CLOSE Sold Prices

Land registry data shows two sales for 1 WALTER 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 Harborough local authority area for the corresponding sale date. Both of the two 1 WALTER 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 18 NOV	£298,000	£340,518	12% below HPI
2012 4 DEC	£270,000	£275,495	2% below HPI

1 WALTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two 1 WALTER CLOSE sales from December 2012 and November 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 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 WALTER CLOSE be worth now?

1 WALTER CLOSE might now be worth an estimated £424,754.

This is based on house price inflation of 42.5%, between November 2016 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.5% inflationary increase is applied to the most recent sale price for 1 WALTER CLOSE of £298,000 on 18th November 2016. For the value to have increased from £298,000 to £424,754 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 WALTER CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The November 2016 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WALTER CLOSE has not materially changed since November 2016.

How Large is 1 WALTER CLOSE?

1 WALTER CLOSE is 129m² according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Glen, and where 1 WALTER CLOSE lies on this distribution: 50% of detached houses houses are smaller than 1 WALTER CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

1 WALTER CLOSE: Plot and Title Map

1 WALTER CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 1 WALTER 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 WALTER 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 WALTER CLOSE?

1 WALTER CLOSE is located in GREAT GLEN, in the LE8 postcode district. The below map shows the position of No. 1 on WALTER CLOSE.