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 DAVID LEES CLOSE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £162,500 in April 2008, which was around 29% below the average April 2008 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3 DAVID LEES CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North West Leicestershire local authority area for the corresponding sale date. All of the four 3 DAVID LEES 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 |
---|---|---|---|
2008 25 APR | £162,500 | £229,783 | 29% below HPI |
2008 29 FEB | £161,666 | £226,707 | 29% below HPI |
2005 4 NOV | £165,950 | £212,933 | 22% below HPI |
2000 15 DEC | £93,950 | £103,104 | 9% below HPI |
The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 3 DAVID LEES CLOSE sales between December 2000 and April 2008 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 February 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2008 sale, which was also at 29% below the HPI.
3 DAVID LEES CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Ellistown, based on EPC data. The below chart shows the distribution of detached houses by size in Ellistown, and where 3 DAVID LEES CLOSE lies on this distribution: 14% of detached houses are smaller than 3 DAVID LEES CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ellistown.
3 DAVID LEES CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 3 DAVID LEES 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 DAVID LEES 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.
3 DAVID LEES CLOSE is located in ELLISTOWN, in the LE67 postcode district. The below map shows the position of No. 3 on DAVID LEES CLOSE.