2, OTTER WAY, WHETSTONE, LEICESTER, LE8 6ZU - £270,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 OTTER WAY is a large detached house of 133m², built sometime between 1991 and 1995. It was last sold for £270,000 in September 2014, which was around 10% above the average September 2014 detached price in the Blaby local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 OTTER WAY Sold Prices

Land registry data shows three sales for 2 OTTER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Two of the three 2 OTTER WAY sales were for above the average price, whilst one was for 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
2014 19 SEP	£270,000	£246,012	10% above HPI
2003 1 AUG	£50,000	£182,046	73% below HPI
1996 31 JAN	£98,000	£76,224	29% above HPI

2 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 three 2 OTTER WAY sales between January 1996 and September 2014 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 August 2003 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the September 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 OTTER WAY?

2 OTTER WAY is 133m² according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 2 OTTER WAY lies on this distribution: 71% of detached houses are smaller than 2 OTTER WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

2 OTTER WAY: Plot and Title Map

2 OTTER WAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 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 2 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 2 OTTER WAY?

2 OTTER WAY is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 2 on OTTER WAY.