3, THE BALK, GLENFIELD, LEICESTER, LE3 8BL - £270,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 THE BALK is a midsized extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £270,000 in June 2019, which was around 15% below the average June 2019 detached price in the Blaby local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

3 THE BALK Sold Prices

Land registry data shows two sales for 3 THE BALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 3 THE BALK 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
2019 21 JUN	£270,000	£316,357	15% below HPI
1998 13 MAR	£81,000	£85,209	5% below HPI

3 THE BALK 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 two 3 THE BALK sales from March 1998 and June 2019 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 March 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 THE BALK?

3 THE BALK is 114m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 THE BALK lies on this distribution: 48% of detached houses are smaller than 3 THE BALK, and 51% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 THE BALK: Plot and Title Map

3 THE BALK sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 3 THE BALK, 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 THE BALK). 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 THE BALK?

3 THE BALK is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 3 on THE BALK.