16, NOWELL CLOSE, GLEN PARVA, LEICESTER, LE2 9SZ - £254,000

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

16 NOWELL CLOSE is a small detached house of 105m², built sometime between 1996 and 2002. It was last sold for £254,000 in November 2015, which was around 3% below the average November 2015 detached price in the Blaby local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

16 NOWELL CLOSE Sold Prices

Land registry data shows two sales for 16 NOWELL 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 16 NOWELL 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
2015 27 NOV	£254,000	£261,874	3% below HPI
2001 30 JAN	£134,995	£115,084	17% above HPI

16 NOWELL 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 16 NOWELL CLOSE sales from January 2001 and November 2015 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 January 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 NOWELL CLOSE?

16 NOWELL CLOSE is 105m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 16 NOWELL CLOSE lies on this distribution: 39% of detached houses are smaller than 16 NOWELL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 NOWELL CLOSE: Plot and Title Map

16 NOWELL CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 16 NOWELL 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 16 NOWELL 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 16 NOWELL CLOSE?

16 NOWELL CLOSE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 16 on NOWELL CLOSE.