4, SPENCER CLOSE, GLENFIELD, LEICESTER, LE3 8JW - £490,000

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

4 SPENCER CLOSE is a very large detached house of 189m². It was last sold for £490,000 in September 2019, which was around 53% above the average September 2019 detached price in the Blaby local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.

4 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 4 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 4 SPENCER 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
2019 30 SEP	£490,000	£320,022	53% above HPI
2018 31 AUG	£489,950	£313,272	56% above HPI

4 SPENCER 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 two 4 SPENCER CLOSE sales from August 2018 and September 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 August 2018 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2019 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 4 SPENCER CLOSE?

4 SPENCER CLOSE is 189m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% 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 SPENCER CLOSE lies on this distribution: 90% of detached houses are smaller than 4 SPENCER CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 SPENCER CLOSE: Plot and Title Map

4 SPENCER CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 4 SPENCER 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 SPENCER 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 SPENCER CLOSE?

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