3, NEWBY CLOSE, WHETSTONE, LEICESTER, LE8 6YW - £315,000

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 NEWBY CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £315,000 in June 2020, which was around 4% below the average June 2020 detached price in the Blaby local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

3 NEWBY CLOSE Sold Prices

Land registry data shows four sales for 3 NEWBY 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 Blaby local authority area for the corresponding sale date. All of the four 3 NEWBY 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
2020 26 JUN	£315,000	£327,703	4% below HPI
2006 21 JUL	£189,500	£223,255	15% below HPI
2004 28 MAY	£167,950	£199,418	16% below HPI
2000 31 AUG	£86,500	£106,897	19% below HPI

3 NEWBY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 3 NEWBY CLOSE sales between August 2000 and June 2020 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 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 NEWBY CLOSE?

3 NEWBY CLOSE is 79m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 3 NEWBY CLOSE lies on this distribution: 10% of detached houses are smaller than 3 NEWBY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

3 NEWBY CLOSE: Plot and Title Map

3 NEWBY CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 NEWBY 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 NEWBY 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 NEWBY CLOSE?

3 NEWBY CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 3 on NEWBY CLOSE.