16, ORCHID CLOSE, NARBOROUGH, LEICESTER, LE19 3AY - £233,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 ORCHID CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £337,755. It was last sold for £233,000 in January 2017, which was around 13% below the average January 2017 detached price in the Blaby local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

16 ORCHID CLOSE Sold Prices

Land registry data shows two sales for 16 ORCHID 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 16 ORCHID 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
2017 20 JAN	£233,000	£269,216	13% below HPI
1997 15 JUL	£75,950	£82,545	8% below HPI

16 ORCHID 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 ORCHID CLOSE sales from July 1997 and January 2017 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 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 ORCHID CLOSE be worth now?

16 ORCHID CLOSE might now be worth an estimated £337,755.

This is based on house price inflation of 45%, between January 2017 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 45% inflationary increase is applied to the most recent sale price for 16 ORCHID CLOSE of £233,000 on 20th January 2017. For the value to have increased from £233,000 to £337,755 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 ORCHID CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The January 2017 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ORCHID CLOSE has not materially changed since January 2017.

How Large is 16 ORCHID CLOSE?

16 ORCHID CLOSE is 66m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 16 ORCHID CLOSE lies on this distribution: 4% of detached houses houses are smaller than 16 ORCHID CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Narborough.

16 ORCHID CLOSE: Plot and Title Map

16 ORCHID CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 16 ORCHID 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 ORCHID 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 ORCHID CLOSE?

16 ORCHID CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 16 on ORCHID CLOSE.