3, CHELSEA CLOSE, GLEN PARVA, LEICESTER, LE2 9UN - £71,500

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

3 CHELSEA CLOSE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £71,500 in December 1996, which was around 8% below the average December 1996 detached price in the Blaby local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

3 CHELSEA CLOSE Sold Prices

Land registry data shows two sales for 3 CHELSEA 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 3 CHELSEA CLOSE sales were 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
1996 13 DEC	£71,500	£78,019	8% below HPI
1996 26 APR	£73,000	£77,500	6% below HPI

3 CHELSEA 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 3 CHELSEA CLOSE sales from April 1996 and December 1996 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 April 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 1996 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 CHELSEA CLOSE?

3 CHELSEA CLOSE is 117m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 3 CHELSEA CLOSE lies on this distribution: 51% of detached houses are smaller than 3 CHELSEA CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 CHELSEA CLOSE: Plot and Title Map

3 CHELSEA CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 3 CHELSEA 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 3 CHELSEA 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 3 CHELSEA CLOSE?

3 CHELSEA CLOSE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 3 on CHELSEA CLOSE.