18, PHIPPS CLOSE, WHETSTONE, LEICESTER, LE8 6YN - £165,000

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.

18 PHIPPS CLOSE is a very small semi-detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £260,964. It was last sold for £165,000 in September 2015, which was about the average September 2015 semi-detached price in the Blaby local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

18 PHIPPS CLOSE Sold Prices

Land registry data shows five sales for 18 PHIPPS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. The five 18 PHIPPS CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2015 18 SEP	£165,000	£164,668	Close to HPI
2014 26 NOV	£158,000	£159,352	1% below HPI
2007 14 DEC	£155,000	£158,679	2% below HPI
2003 16 SEP	£128,000	£114,183	12% above HPI
2002 6 SEP	£92,950	£93,362	Close to HPI

18 PHIPPS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The five 18 PHIPPS CLOSE sales between September 2002 and September 2015 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 November 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 18 PHIPPS CLOSE be worth now?

18 PHIPPS CLOSE might now be worth an estimated £260,964.

This is based on house price inflation of 58.2%, between September 2015 and February 2025, for semi-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 58.2% inflationary increase is applied to the most recent sale price for 18 PHIPPS CLOSE of £165,000 on 18th September 2015. For the value to have increased from £165,000 to £260,964 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 PHIPPS CLOSE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The September 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PHIPPS CLOSE has not materially changed since September 2015.

How Large is 18 PHIPPS CLOSE?

18 PHIPPS CLOSE is 78m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of semi-detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whetstone, and where 18 PHIPPS CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 18 PHIPPS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

18 PHIPPS CLOSE: Plot and Title Map

18 PHIPPS CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 18 PHIPPS 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 PHIPPS 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 PHIPPS CLOSE?

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