4, LAUREL CLOSE, GLENFIELD, LEICESTER, LE3 8AW - £233,500

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 LAUREL CLOSE is a midsized extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £462,850. It was last sold for £233,500 in May 2009, which was around 19% above the average May 2009 detached price in the Blaby local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

4 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 4 LAUREL 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 4 LAUREL CLOSE sales were for above 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
2009 28 MAY	£233,500	£196,876	19% above HPI
2003 21 AUG	£223,000	£178,414	25% above HPI
1997 5 DEC	£83,500	£82,573	1% above HPI

4 LAUREL 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 4 LAUREL CLOSE sales between December 1997 and May 2009 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 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2009 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 4 LAUREL CLOSE be worth now?

4 LAUREL CLOSE might now be worth an estimated £462,850.

This is based on house price inflation of 98.2%, between May 2009 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 98.2% inflationary increase is applied to the most recent sale price for 4 LAUREL CLOSE of £233,500 on 28th May 2009. For the value to have increased from £233,500 to £462,850 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 4 LAUREL CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2009 sale price of £233,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LAUREL CLOSE has not materially changed since May 2009.

How Large is 4 LAUREL CLOSE?

4 LAUREL CLOSE is 117m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 4 LAUREL CLOSE lies on this distribution: 51% of detached houses houses are smaller than 4 LAUREL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 LAUREL CLOSE: Plot and Title Map

4 LAUREL CLOSE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 4 LAUREL 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 LAUREL 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 LAUREL CLOSE?

4 LAUREL CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 4 on LAUREL CLOSE.