2, LOBELIA CLOSE, NARBOROUGH, LEICESTER, LE19 3YE - £336,000

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.

2 LOBELIA CLOSE is a midsized extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £336,030. It was last sold for £336,000 in February 2024, which was around 14% below the average February 2024 detached price in the Blaby local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

2 LOBELIA CLOSE Sold Prices

Land registry data shows four sales for 2 LOBELIA 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. One of the four 2 LOBELIA CLOSE sales was for below the average price, whilst two 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
2024 2 FEB	£336,000	£390,218	14% below HPI
2012 12 OCT	£225,000	£213,517	5% above HPI
2005 16 DEC	£212,000	£212,294	Close to HPI
1998 12 JUN	£85,000	£83,879	1% above HPI

2 LOBELIA 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 2 LOBELIA CLOSE sales between June 1998 and February 2024 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 October 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 LOBELIA CLOSE be worth now?

2 LOBELIA CLOSE might now be worth an estimated £336,030.

This is based on house price inflation of 0%, between February 2024 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% inflationary increase is applied to the most recent sale price for 2 LOBELIA CLOSE of £336,000 on 2nd February 2024. For the value to have increased from £336,000 to £336,030 over the one year to February 2025, the following assumptions must hold true:

• The value of 2 LOBELIA CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2024 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOBELIA CLOSE has not materially changed since February 2024.

How Large is 2 LOBELIA CLOSE?

2 LOBELIA CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 2 LOBELIA CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 LOBELIA CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Narborough.

2 LOBELIA CLOSE: Plot and Title Map

2 LOBELIA CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 2 LOBELIA 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 LOBELIA 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 LOBELIA CLOSE?

2 LOBELIA CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 2 on LOBELIA CLOSE.