15, SMART CLOSE, THORPE ASTLEY, LEICESTER, LE3 3RS - £160,000

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

15 SMART CLOSE is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £182,892. It was last sold for £160,000 in June 2021, which was around 30% below the average June 2021 semi-detached price in the Blaby local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

15 SMART CLOSE Sold Prices

Land registry data shows three sales for 15 SMART 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 15 SMART 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
2021 30 JUN	£160,000	£227,841	30% below HPI
2001 31 AUG	£66,000	£75,557	13% below HPI
1999 10 SEP	£53,950	£59,089	9% below HPI

15 SMART 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 15 SMART CLOSE sales between September 1999 and June 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 August 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 SMART CLOSE be worth now?

15 SMART CLOSE might now be worth an estimated £182,892.

This is based on house price inflation of 14.3%, between June 2021 and February 2025, 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 14.3% inflationary increase is applied to the most recent sale price for 15 SMART CLOSE of £160,000 on 30th June 2021. For the value to have increased from £160,000 to £182,892 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 SMART CLOSE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The June 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SMART CLOSE has not materially changed since June 2021.

How Large is 15 SMART CLOSE?

15 SMART CLOSE is 55m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of semi-detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leicester, and where 15 SMART CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 15 SMART CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 SMART CLOSE: Plot and Title Map

15 SMART CLOSE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 15 SMART 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 15 SMART 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 15 SMART CLOSE?

15 SMART CLOSE is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 15 on SMART CLOSE.