16, TORCROSS CLOSE, GLENFIELD, LEICESTER, LE3 8AP - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 TORCROSS CLOSE is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £375,000 in December 2021, which was around 1% above the average December 2021 detached price in the Blaby local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

16 TORCROSS CLOSE Sold Prices

Land registry data shows four sales for 16 TORCROSS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Most of the four 16 TORCROSS CLOSE sales were 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 13 DEC	£375,000	£372,711	1% above HPI
2017 23 JUN	£277,500	£285,206	3% below HPI
2007 5 NOV	£277,500	£245,001	13% above HPI
2006 25 SEP	£269,950	£224,175	20% above HPI

16 TORCROSS 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 four 16 TORCROSS CLOSE sales between September 2006 and December 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 June 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 16 TORCROSS CLOSE?

16 TORCROSS CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 16 TORCROSS CLOSE lies on this distribution: 49% of detached houses are smaller than 16 TORCROSS CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Leicester.

16 TORCROSS CLOSE: Plot and Title Map

16 TORCROSS CLOSE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 16 TORCROSS 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 TORCROSS 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 TORCROSS CLOSE?

16 TORCROSS CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 16 on TORCROSS CLOSE.