2, CHESTNUT CLOSE, COUNTESTHORPE, LEICESTER, LE8 5XE - £625,000

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

2 CHESTNUT CLOSE is a very large detached house of 155m², which could now be worth an estimated £620,720. It was last sold for £625,000 in September 2022, which was around 59% above the average September 2022 detached price in the Blaby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

2 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 2 CHESTNUT 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. Both of the two 2 CHESTNUT 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
2022 29 SEP	£625,000	£392,944	59% above HPI
2014 12 DEC	£410,000	£241,102	70% above HPI

2 CHESTNUT 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 2 CHESTNUT CLOSE sales from December 2014 and September 2022 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 December 2014 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2022 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 2 CHESTNUT CLOSE be worth now?

2 CHESTNUT CLOSE might now be worth an estimated £620,720.

This is based on house price deflation of 0.7%, between September 2022 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 0.7% deflationary decrease is applied to the most recent sale price for 2 CHESTNUT CLOSE of £625,000 on 29th September 2022. For the value to have decreased from £625,000 to £620,720 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CLOSE has not materially changed since September 2022.

How Large is 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is 155m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% 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 2 CHESTNUT CLOSE lies on this distribution: 81% of detached houses houses are smaller than 2 CHESTNUT CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

2 CHESTNUT CLOSE: Plot and Title Map

2 CHESTNUT CLOSE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT CLOSE?

2 CHESTNUT CLOSE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 2 on CHESTNUT CLOSE.