36, SMART CLOSE, THORPE ASTLEY, LEICESTER, LE3 3RS - £176,000

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

36 SMART CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £176,000 in February 2015, which was around 26% below the average February 2015 detached price in the Blaby local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

36 SMART CLOSE Sold Prices

Land registry data shows four sales for 36 SMART 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 36 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
2015 2 FEB	£176,000	£238,699	26% below HPI
2006 22 JUN	£176,000	£223,485	21% below HPI
2003 7 OCT	£148,950	£186,983	20% below HPI
1999 12 NOV	£82,450	£99,338	17% below HPI

36 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 four 36 SMART CLOSE sales between November 1999 and February 2015 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 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 36 SMART CLOSE?

36 SMART CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 36 SMART CLOSE lies on this distribution: 23% of detached houses are smaller than 36 SMART CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leicester.

36 SMART CLOSE: Plot and Title Map

36 SMART CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 36 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 36 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 36 SMART CLOSE?

36 SMART CLOSE is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 36 on SMART CLOSE.