3, EDGELEY CLOSE, LEICESTER, LE3 9EX - £350,000

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.

3 EDGELEY CLOSE is a very large detached house of 188m², built sometime between 1996 and 2002, which could now be worth an estimated £536,393. It was last sold for £350,000 in July 2016, which was around 39% above the average July 2016 detached price in the Leicester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

3 EDGELEY CLOSE Sold Prices

Land registry data shows four sales for 3 EDGELEY 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 Leicester local authority area for the corresponding sale date. All of the four 3 EDGELEY CLOSE sales 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
2016 28 JUL	£350,000	£251,916	39% above HPI
2007 20 JUL	£285,000	£212,852	34% above HPI
2005 21 DEC	£282,500	£195,804	44% above HPI
2002 14 JUN	£217,450	£123,558	76% above HPI

3 EDGELEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The four 3 EDGELEY CLOSE sales between June 2002 and July 2016 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 July 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 3 EDGELEY CLOSE be worth now?

3 EDGELEY CLOSE might now be worth an estimated £536,393.

This is based on house price inflation of 53.3%, between July 2016 and February 2025, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.3% inflationary increase is applied to the most recent sale price for 3 EDGELEY CLOSE of £350,000 on 28th July 2016. For the value to have increased from £350,000 to £536,393 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 3 EDGELEY CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The July 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EDGELEY CLOSE has not materially changed since July 2016.

How Large is 3 EDGELEY CLOSE?

3 EDGELEY CLOSE is 188m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 3 EDGELEY CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 EDGELEY CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 EDGELEY CLOSE: Plot and Title Map

3 EDGELEY CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 3 EDGELEY 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 EDGELEY 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 EDGELEY CLOSE?

3 EDGELEY CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 3 on EDGELEY CLOSE.