3, MARTINSHAW CLOSE, LEICESTER, LE3 9SQ - £485,000

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 MARTINSHAW CLOSE is a very large extended detached house of 186m², built sometime from 2007 onwards. It was last sold for £485,000 in March 2021, which was around 40% above the average March 2021 detached price in the Leicester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 MARTINSHAW CLOSE Sold Prices

Land registry data shows two sales for 3 MARTINSHAW 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 MARTINSHAW 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
2021 22 MAR	£485,000	£345,751	40% above HPI
2008 27 JUN	£350,000	£215,887	62% above HPI

3 MARTINSHAW 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 MARTINSHAW CLOSE sales from June 2008 and March 2021 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 June 2008 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 3 MARTINSHAW CLOSE?

3 MARTINSHAW CLOSE is 186m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% 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 MARTINSHAW CLOSE lies on this distribution: 90% of detached houses are smaller than 3 MARTINSHAW CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 MARTINSHAW CLOSE: Plot and Title Map

3 MARTINSHAW CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 3 MARTINSHAW 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 MARTINSHAW 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 MARTINSHAW CLOSE?

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