4, UPEX CLOSE, WHETSTONE, LEICESTER, LE8 6QU - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 UPEX CLOSE is a midsized detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £544,472. It was last sold for £365,000 in July 2016, which was around 38% above the average July 2016 detached price in the Blaby local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

4 UPEX CLOSE Sold Prices

Land registry data shows four sales for 4 UPEX 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. All of the four 4 UPEX 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
2016 29 JUL	£365,000	£264,527	38% above HPI
2010 17 DEC	£325,000	£220,759	47% above HPI
2003 29 AUG	£240,000	£178,414	35% above HPI
1997 20 JUN	£120,950	£79,910	51% above HPI

4 UPEX 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 UPEX CLOSE sales between June 1997 and July 2016 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 December 2010 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2016 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 UPEX CLOSE be worth now?

4 UPEX CLOSE might now be worth an estimated £544,472.

This is based on house price inflation of 49.2%, between July 2016 and December 2024, 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 49.2% inflationary increase is applied to the most recent sale price for 4 UPEX CLOSE of £365,000 on 29th July 2016. For the value to have increased from £365,000 to £544,472 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 UPEX CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2016 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 UPEX CLOSE has not materially changed since July 2016.

How Large is 4 UPEX CLOSE?

4 UPEX CLOSE is 125m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 4 UPEX CLOSE lies on this distribution: 57% of detached houses houses are smaller than 4 UPEX CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

4 UPEX CLOSE: Plot and Title Map

4 UPEX CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 4 UPEX 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 UPEX 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 UPEX CLOSE?

4 UPEX CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 4 on UPEX CLOSE.