12, WATTS CLOSE, LEICESTER, LE4 0PS - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 WATTS CLOSE is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £225,000 in October 2023, which was around 43% below the average October 2023 detached price in the Leicester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

12 WATTS CLOSE Sold Prices

Land registry data shows two sales for 12 WATTS 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 Leicester local authority area for the corresponding sale date. Both of the two 12 WATTS 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
2023 27 OCT	£225,000	£396,346	43% below HPI
2013 18 OCT	£125,000	£216,598	42% below HPI

12 WATTS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 12 WATTS CLOSE sales from October 2013 and October 2023 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 October 2013 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 WATTS CLOSE?

12 WATTS CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 12 WATTS CLOSE lies on this distribution: 51% of detached houses are smaller than 12 WATTS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Leicester.

12 WATTS CLOSE: Plot and Title Map

12 WATTS CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 12 WATTS 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 WATTS 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 WATTS CLOSE?

12 WATTS CLOSE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 12 on WATTS CLOSE.