24, WHEATFIELD CLOSE, GLENFIELD, LEICESTER, LE3 8SD - £335,000

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.

24 WHEATFIELD CLOSE is a small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £334,486. It was last sold for £335,000 in August 2022, which was around 14% below the average August 2022 detached price in the Blaby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

24 WHEATFIELD CLOSE Sold Prices

Land registry data shows five sales for 24 WHEATFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. The five 24 WHEATFIELD CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 2 AUG	£335,000	£390,853	14% below HPI
2010 17 MAR	£187,000	£216,644	14% below HPI
2002 25 JAN	£145,000	£126,938	14% above HPI
2000 15 MAY	£104,950	£101,362	4% above HPI
1996 19 DEC	£76,500	£76,462	Close to HPI

24 WHEATFIELD 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 five 24 WHEATFIELD CLOSE sales between December 1996 and August 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 March 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, which was also at 14% below the HPI.

What might 24 WHEATFIELD CLOSE be worth now?

24 WHEATFIELD CLOSE might now be worth an estimated £334,486.

This is based on house price deflation of 0.2%, between August 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 0.2% deflationary decrease is applied to the most recent sale price for 24 WHEATFIELD CLOSE of £335,000 on 2nd August 2022. For the value to have decreased from £335,000 to £334,486 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 24 WHEATFIELD CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The August 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WHEATFIELD CLOSE has not materially changed since August 2022.

How Large is 24 WHEATFIELD CLOSE?

24 WHEATFIELD CLOSE is 90m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 24 WHEATFIELD CLOSE lies on this distribution: 23% of detached houses houses are smaller than 24 WHEATFIELD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Leicester.

24 WHEATFIELD CLOSE: Plot and Title Map

24 WHEATFIELD CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 24 WHEATFIELD 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 24 WHEATFIELD 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 24 WHEATFIELD CLOSE?

24 WHEATFIELD CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 24 on WHEATFIELD CLOSE.