18, OTTER WAY, WHETSTONE, LEICESTER, LE8 6ZU - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 OTTER WAY is a small extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £443,943. It was last sold for £440,000 in September 2023, which was around 13% above the average September 2023 detached price in the Blaby local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

18 OTTER WAY Sold Prices

Land registry data shows two sales for 18 OTTER WAY 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 18 OTTER WAY 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
2023 15 SEP	£440,000	£391,091	13% above HPI
1995 28 FEB	£83,500	£74,355	12% above HPI

18 OTTER WAY 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 18 OTTER WAY sales from February 1995 and September 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 February 1995 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 18 OTTER WAY be worth now?

18 OTTER WAY might now be worth an estimated £443,943.

This is based on house price inflation of 0.9%, between September 2023 and December 2024, 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 0.9% inflationary increase is applied to the most recent sale price for 18 OTTER WAY of £440,000 on 15th September 2023. For the value to have increased from £440,000 to £443,943 over the nine months to December 2024, the following assumptions must hold true:

• The value of 18 OTTER WAY has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2023 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 18 OTTER WAY has not materially changed since September 2023.

How Large is 18 OTTER WAY?

18 OTTER WAY is 102m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 18 OTTER WAY lies on this distribution: 32% of detached houses houses are smaller than 18 OTTER WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

18 OTTER WAY: Plot and Title Map

18 OTTER WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 18 OTTER WAY, 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 OTTER WAY). 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 OTTER WAY?

18 OTTER WAY is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 18 on OTTER WAY.