4, HONEYCOMB CLOSE, NARBOROUGH, LEICESTER, LE19 3PS - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 HONEYCOMB CLOSE is a small detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £320,189. It was last sold for £250,000 in July 2018, which was around 18% below the average July 2018 detached price in the Blaby local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

4 HONEYCOMB CLOSE Sold Prices

Land registry data shows four sales for 4 HONEYCOMB 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. Most of the four 4 HONEYCOMB 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
2018 20 JUL	£250,000	£304,705	18% below HPI
2013 29 APR	£202,500	£214,156	5% below HPI
2010 18 JUN	£205,000	£216,283	5% below HPI
1996 5 NOV	£78,000	£76,718	2% above HPI

4 HONEYCOMB 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 4 HONEYCOMB CLOSE sales between November 1996 and July 2018 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 April 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 HONEYCOMB CLOSE be worth now?

4 HONEYCOMB CLOSE might now be worth an estimated £320,189.

This is based on house price inflation of 28.1%, between July 2018 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 4 HONEYCOMB CLOSE of £250,000 on 20th July 2018. For the value to have increased from £250,000 to £320,189 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 4 HONEYCOMB CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HONEYCOMB CLOSE has not materially changed since July 2018.

How Large is 4 HONEYCOMB CLOSE?

4 HONEYCOMB CLOSE is 98m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Narborough, and where 4 HONEYCOMB CLOSE lies on this distribution: 33% of detached houses houses are smaller than 4 HONEYCOMB CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Narborough.

4 HONEYCOMB CLOSE: Plot and Title Map

4 HONEYCOMB CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 4 HONEYCOMB 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 4 HONEYCOMB 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 4 HONEYCOMB CLOSE?

4 HONEYCOMB CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 4 on HONEYCOMB CLOSE.