12, LEE CLOSE, STONEY STANTON, LEICESTER, LE9 4ED - £515,000

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

12 LEE CLOSE is a very large extended detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £505,381. It was last sold for £515,000 in November 2022, which was around 30% above the average November 2022 detached price in the Blaby local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

12 LEE CLOSE Sold Prices

Land registry data shows two sales for 12 LEE 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 Blaby local authority area for the corresponding sale date. Both of the two 12 LEE 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
2022 2 NOV	£515,000	£397,681	30% above HPI
1995 25 JUL	£102,000	£74,807	36% above HPI

12 LEE 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 two 12 LEE CLOSE sales from July 1995 and November 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 July 1995 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 12 LEE CLOSE be worth now?

12 LEE CLOSE might now be worth an estimated £505,381.

This is based on house price deflation of 1.9%, between November 2022 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 1.9% deflationary decrease is applied to the most recent sale price for 12 LEE CLOSE of £515,000 on 2nd November 2022. For the value to have decreased from £515,000 to £505,381 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 LEE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LEE CLOSE has not materially changed since November 2022.

How Large is 12 LEE CLOSE?

12 LEE CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoney Stanton, and where 12 LEE CLOSE lies on this distribution: 87% of detached houses houses are smaller than 12 LEE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

12 LEE CLOSE: Plot and Title Map

12 LEE CLOSE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 12 LEE 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 12 LEE 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 12 LEE CLOSE?

12 LEE CLOSE is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 12 on LEE CLOSE.