3, WEAVERS CLOSE, GLENFIELD, LEICESTER, LE3 8HS - £278,000

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 WEAVERS CLOSE is a very small detached house of 77m². It was last sold for £278,000 in December 2021, which was around 25% below the average December 2021 detached price in the Blaby local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

3 WEAVERS CLOSE Sold Prices

Land registry data shows two sales for 3 WEAVERS 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 Blaby local authority area for the corresponding sale date. Both of the two 3 WEAVERS 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
2021 15 DEC	£278,000	£372,711	25% below HPI
2014 27 JUN	£214,995	£237,794	10% below HPI

3 WEAVERS 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 two 3 WEAVERS CLOSE sales from June 2014 and December 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 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 WEAVERS CLOSE?

3 WEAVERS CLOSE is 77m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 WEAVERS CLOSE lies on this distribution: 11% of detached houses are smaller than 3 WEAVERS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 WEAVERS CLOSE: Plot and Title Map

3 WEAVERS CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 WEAVERS 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 WEAVERS 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 WEAVERS CLOSE?

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