3, LAUREL BANK CLOSE, QUENIBOROUGH, LEICESTER, LE7 3FZ - £464,000

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 LAUREL BANK CLOSE is a large detached house of 141m², built sometime between 2003 and 2006. It was last sold for £464,000 in June 2023, which was around 11% above the average June 2023 detached price in the Charnwood local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

3 LAUREL BANK CLOSE Sold Prices

Land registry data shows two sales for 3 LAUREL BANK 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 Charnwood local authority area for the corresponding sale date. Both of the two 3 LAUREL BANK 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
2023 30 JUN	£464,000	£417,686	11% above HPI
2006 17 NOV	£367,450	£245,305	50% above HPI

3 LAUREL BANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 3 LAUREL BANK CLOSE sales from November 2006 and June 2023 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 November 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 LAUREL BANK CLOSE?

3 LAUREL BANK CLOSE is 141m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Queniborough, based on EPC data. The below chart shows the distribution of detached houses by size in Queniborough, and where 3 LAUREL BANK CLOSE lies on this distribution: 69% of detached houses are smaller than 3 LAUREL BANK CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Queniborough.

3 LAUREL BANK CLOSE: Plot and Title Map

3 LAUREL BANK CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 3 LAUREL BANK 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 LAUREL BANK 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 LAUREL BANK CLOSE?

3 LAUREL BANK CLOSE is located in QUENIBOROUGH, in the LE7 postcode district. The below map shows the position of No. 3 on LAUREL BANK CLOSE.