18, LUDLAM CLOSE, COUNTESTHORPE, LEICESTER, LE8 5BY - £292,500

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

18 LUDLAM CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £292,500 in May 2021, which was around 15% below the average May 2021 detached price in the Blaby local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

18 LUDLAM CLOSE Sold Prices

Land registry data shows four sales for 18 LUDLAM 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. All of the four 18 LUDLAM 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 28 MAY	£292,500	£342,981	15% below HPI
2016 6 MAY	£210,000	£262,685	20% below HPI
2009 6 NOV	£173,500	£214,222	19% below HPI
2003 27 JUN	£156,500	£181,380	14% below HPI

18 LUDLAM 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 18 LUDLAM CLOSE sales between June 2003 and May 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 May 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 LUDLAM CLOSE?

18 LUDLAM CLOSE is 80m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Countesthorpe, and where 18 LUDLAM CLOSE lies on this distribution: 11% of detached houses are smaller than 18 LUDLAM CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

18 LUDLAM CLOSE: Plot and Title Map

18 LUDLAM CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 18 LUDLAM 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 18 LUDLAM 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 18 LUDLAM CLOSE?

18 LUDLAM CLOSE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 18 on LUDLAM CLOSE.