17, MARTHA CLOSE, COUNTESTHORPE, LEICESTER, LE8 5AE - £450,000

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.

17 MARTHA CLOSE is a large detached house of 137m², which could now be worth an estimated £455,274. It was last sold for £450,000 in June 2023, which was around 17% above the average June 2023 detached price in the Blaby local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

17 MARTHA CLOSE Sold Prices

Land registry data shows two sales for 17 MARTHA 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 17 MARTHA CLOSE sales was for above the average price, whilst the other was 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
2023 9 JUN	£450,000	£385,732	17% above HPI
2017 10 MAR	£100,000	£275,100	64% below HPI

17 MARTHA 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 17 MARTHA CLOSE sales from March 2017 and June 2023 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 March 2017 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the June 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 17 MARTHA CLOSE be worth now?

17 MARTHA CLOSE might now be worth an estimated £455,274.

This is based on house price inflation of 1.2%, between June 2023 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 1.2% inflationary increase is applied to the most recent sale price for 17 MARTHA CLOSE of £450,000 on 9th June 2023. For the value to have increased from £450,000 to £455,274 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 17 MARTHA CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The June 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MARTHA CLOSE has not materially changed since June 2023.

How Large is 17 MARTHA CLOSE?

17 MARTHA CLOSE is 137m² according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Countesthorpe, and where 17 MARTHA CLOSE lies on this distribution: 72% of detached houses houses are smaller than 17 MARTHA CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

Where is 17 MARTHA CLOSE?

17 MARTHA CLOSE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 17 on MARTHA CLOSE.