2, GRANGE CLOSE, GLENFIELD, LEICESTER, LE3 8QE - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GRANGE CLOSE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £295,000 in May 2018, which was around 5% below the average May 2018 detached price in the Blaby local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

2 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 2 GRANGE 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 2 GRANGE CLOSE sales was for below the average price, whilst the other was 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
2018 15 MAY	£295,000	£310,091	5% below HPI
2002 29 NOV	£185,000	£159,017	16% above HPI

2 GRANGE 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 GRANGE CLOSE sales from November 2002 and May 2018 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 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 GRANGE CLOSE?

2 GRANGE CLOSE is 96m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 2 GRANGE CLOSE lies on this distribution: 30% of detached houses are smaller than 2 GRANGE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 GRANGE CLOSE: Plot and Title Map

2 GRANGE CLOSE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 2 GRANGE 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 GRANGE 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 GRANGE CLOSE?

2 GRANGE CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 2 on GRANGE CLOSE.