3, KINCHLEY CLOSE, LEICESTER, LE3 9SE - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 KINCHLEY CLOSE is a midsized detached house of 124m², built sometime between 2003 and 2006. It was last sold for £420,000 in June 2022, which was around 10% above the average June 2022 detached price in the Leicester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 KINCHLEY CLOSE Sold Prices

Land registry data shows two sales for 3 KINCHLEY 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 Leicester local authority area for the corresponding sale date. Both of the two 3 KINCHLEY 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
2022 14 JUN	£420,000	£382,936	10% above HPI
2005 22 JUL	£279,950	£201,903	39% above HPI

3 KINCHLEY 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 two 3 KINCHLEY CLOSE sales from July 2005 and June 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 July 2005 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 3 KINCHLEY CLOSE?

3 KINCHLEY CLOSE is 124m² according to the EPC inspection conducted in November 2021. 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 KINCHLEY CLOSE lies on this distribution: 58% of detached houses are smaller than 3 KINCHLEY CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 KINCHLEY CLOSE: Plot and Title Map

3 KINCHLEY CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 3 KINCHLEY 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 KINCHLEY 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 KINCHLEY CLOSE?

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