4, WRIGHT CLOSE, WHETSTONE, LEICESTER, LE8 6QZ - £327,000

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 WRIGHT CLOSE is a midsized extended detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £423,468. It was last sold for £327,000 in July 2018, which was around 7% above the average July 2018 detached price in the Blaby local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

4 WRIGHT CLOSE Sold Prices

Land registry data shows three sales for 4 WRIGHT 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 WRIGHT 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
2018 27 JUL	£327,000	£304,705	7% above HPI
2002 19 AUG	£199,950	£147,825	35% above HPI
1995 26 MAY	£100,950	£73,097	38% above HPI

4 WRIGHT 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 WRIGHT CLOSE sales between May 1995 and July 2018 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 WRIGHT CLOSE be worth now?

4 WRIGHT CLOSE might now be worth an estimated £423,468.

This is based on house price inflation of 29.5%, between July 2018 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 29.5% inflationary increase is applied to the most recent sale price for 4 WRIGHT CLOSE of £327,000 on 27th July 2018. For the value to have increased from £327,000 to £423,468 over the five years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 WRIGHT CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The July 2018 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WRIGHT CLOSE has not materially changed since July 2018.

How Large is 4 WRIGHT CLOSE?

4 WRIGHT CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in January 2018. 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 WRIGHT CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 WRIGHT CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

4 WRIGHT CLOSE: Plot and Title Map

4 WRIGHT CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 4 WRIGHT 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 WRIGHT 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 WRIGHT CLOSE?

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