34, SMART CLOSE, THORPE ASTLEY, LEICESTER, LE3 3RS - £295,000

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

34 SMART CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £295,000 in March 2023, which was around 27% below the average March 2023 detached price in the Blaby local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

34 SMART CLOSE Sold Prices

Land registry data shows three sales for 34 SMART CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the three 34 SMART 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
2023 31 MAR	£295,000	£403,799	27% below HPI
2002 9 AUG	£136,500	£150,834	10% below HPI
1999 26 NOV	£89,950	£99,338	9% below HPI

34 SMART 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 three 34 SMART CLOSE sales between November 1999 and March 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 August 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 34 SMART CLOSE?

34 SMART CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 34 SMART CLOSE lies on this distribution: 37% of detached houses are smaller than 34 SMART CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Leicester.

34 SMART CLOSE: Plot and Title Map

34 SMART CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 34 SMART 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 34 SMART 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 34 SMART CLOSE?

34 SMART CLOSE is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 34 on SMART CLOSE.