4, LOBELIA CLOSE, NARBOROUGH, LEICESTER, LE19 3YE - £340,000

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 LOBELIA CLOSE is a very large detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £526,806. It was last sold for £340,000 in September 2015, which was around 35% above the average September 2015 detached price in the Blaby local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

4 LOBELIA CLOSE Sold Prices

Land registry data shows six sales for 4 LOBELIA CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. The six 4 LOBELIA CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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 8 SEP	£340,000	£251,869	35% above HPI
2005 18 AUG	£210,000	£208,474	1% above HPI
2003 5 SEP	£187,950	£177,654	6% above HPI
2003 29 MAY	£120,000	£175,693	32% below HPI
2001 18 MAY	£105,000	£116,691	10% below HPI
1997 27 FEB	£76,950	£77,162	Close to HPI

4 LOBELIA 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 six 4 LOBELIA CLOSE sales between February 1997 and September 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 August 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2015 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 LOBELIA CLOSE be worth now?

4 LOBELIA CLOSE might now be worth an estimated £526,806.

This is based on house price inflation of 54.9%, between September 2015 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 54.9% inflationary increase is applied to the most recent sale price for 4 LOBELIA CLOSE of £340,000 on 8th September 2015. For the value to have increased from £340,000 to £526,806 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 LOBELIA CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOBELIA CLOSE has not materially changed since September 2015.

How Large is 4 LOBELIA CLOSE?

4 LOBELIA CLOSE is 141m² according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 LOBELIA CLOSE lies on this distribution: 81% of detached houses houses are smaller than 4 LOBELIA CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Narborough.

4 LOBELIA CLOSE: Plot and Title Map

4 LOBELIA CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 4 LOBELIA 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 LOBELIA 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 LOBELIA CLOSE?

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