10, PHIPPS CLOSE, WHETSTONE, LEICESTER, LE8 6YN - £283,000

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

10 PHIPPS CLOSE is a small extended semi-detached house of 105m², built sometime between 1991 and 1995, which could now be worth an estimated £367,220. It was last sold for £283,000 in September 2019, which was around 39% above the average September 2019 semi-detached price in the Blaby local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

10 PHIPPS CLOSE Sold Prices

Land registry data shows three sales for 10 PHIPPS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. All of the three 10 PHIPPS 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
2019 27 SEP	£283,000	£203,415	39% above HPI
2007 29 JUN	£197,500	£155,251	27% above HPI
1995 29 SEP	£65,000	£47,569	37% above HPI

10 PHIPPS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The three 10 PHIPPS CLOSE sales between September 1995 and September 2019 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 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 10 PHIPPS CLOSE be worth now?

10 PHIPPS CLOSE might now be worth an estimated £367,220.

This is based on house price inflation of 29.8%, between September 2019 and December 2024, for semi-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 29.8% inflationary increase is applied to the most recent sale price for 10 PHIPPS CLOSE of £283,000 on 27th September 2019. For the value to have increased from £283,000 to £367,220 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 10 PHIPPS CLOSE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The September 2019 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PHIPPS CLOSE has not materially changed since September 2019.

How Large is 10 PHIPPS CLOSE?

10 PHIPPS CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of semi-detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whetstone, and where 10 PHIPPS CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 10 PHIPPS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

10 PHIPPS CLOSE: Plot and Title Map

10 PHIPPS CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 10 PHIPPS 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 10 PHIPPS 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 10 PHIPPS CLOSE?

10 PHIPPS CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 10 on PHIPPS CLOSE.