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
4 NORMANDY CLOSE is a small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £225,000 in February 2019, which was around 29% below the average February 2019 detached price in the Blaby local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 NORMANDY CLOSE since 1st 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 4 NORMANDY 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 |
---|---|---|---|
2019 28 FEB | £225,000 | £315,745 | 29% below HPI |
2002 1 MAR | £116,000 | £130,707 | 11% below HPI |
1999 17 DEC | £87,750 | £100,535 | 13% below HPI |
1995 30 JUN | £73,950 | £75,077 | 2% below HPI |
The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 4 NORMANDY CLOSE sales between June 1995 and February 2019 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 March 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
4 NORMANDY CLOSE is 103m², which includes three extensions, according to the EPC inspection conducted in March 2024. 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 4 NORMANDY CLOSE lies on this distribution: 37% of detached houses are smaller than 4 NORMANDY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Leicester.
4 NORMANDY CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 4 NORMANDY 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 NORMANDY 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.
4 NORMANDY CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 4 on NORMANDY CLOSE.