47, OUTWOOD CLOSE, LEICESTER, LE3 6PF - £140,000

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

47 OUTWOOD CLOSE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £140,000 in March 2021, which was around 60% below the average March 2021 detached price in the Leicester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

47 OUTWOOD CLOSE Sold Prices

Land registry data shows two sales for 47 OUTWOOD 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 Leicester local authority area for the corresponding sale date. Both of the two 47 OUTWOOD 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
2021 9 MAR	£140,000	£345,751	60% below HPI
2001 30 APR	£24,500	£97,732	75% below HPI

47 OUTWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 47 OUTWOOD CLOSE sales from April 2001 and March 2021 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 April 2001 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the March 2021 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 47 OUTWOOD CLOSE?

47 OUTWOOD CLOSE is 87m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 47 OUTWOOD CLOSE lies on this distribution: 20% of detached houses are smaller than 47 OUTWOOD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Leicester.

47 OUTWOOD CLOSE: Plot and Title Map

47 OUTWOOD CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 47 OUTWOOD 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 47 OUTWOOD 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 47 OUTWOOD CLOSE?

47 OUTWOOD CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 47 on OUTWOOD CLOSE.