14, SPINNEY CLOSE, THORPE ASTLEY, LEICESTER, LE3 3RY - £285,000

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

14 SPINNEY CLOSE is a midsized detached house of 124m², built sometime between 2003 and 2006, which could now be worth an estimated £321,013. It was last sold for £285,000 in September 2021, which was around 19% below the average September 2021 detached price in the Blaby local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

14 SPINNEY CLOSE Sold Prices

Land registry data shows two sales for 14 SPINNEY 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. One of the two 14 SPINNEY CLOSE sales was for below the average price, whilst the other was 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
2021 28 SEP	£285,000	£350,328	19% below HPI
2006 17 NOV	£238,121	£224,568	6% above HPI

14 SPINNEY 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 14 SPINNEY CLOSE sales from November 2006 and September 2021 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 November 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 SPINNEY CLOSE be worth now?

14 SPINNEY CLOSE might now be worth an estimated £321,013.

This is based on house price inflation of 12.6%, between September 2021 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 12.6% inflationary increase is applied to the most recent sale price for 14 SPINNEY CLOSE of £285,000 on 28th September 2021. For the value to have increased from £285,000 to £321,013 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 SPINNEY CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SPINNEY CLOSE has not materially changed since September 2021.

How Large is 14 SPINNEY CLOSE?

14 SPINNEY CLOSE is 124m² according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 14 SPINNEY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 14 SPINNEY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Leicester.

14 SPINNEY CLOSE: Plot and Title Map

14 SPINNEY CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 14 SPINNEY 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 14 SPINNEY 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 14 SPINNEY CLOSE?

14 SPINNEY CLOSE is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 14 on SPINNEY CLOSE.