47, OWEN CLOSE, THORPE ASTLEY, LEICESTER, LE3 3TZ - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

47 OWEN CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £249,000 in May 2024, which was around 38% below the average May 2024 detached price in the Blaby local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

47 OWEN CLOSE Sold Prices

Land registry data shows six sales for 47 OWEN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the six 47 OWEN 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
2024 17 MAY	£249,000	£400,867	38% below HPI
2004 17 FEB	£139,950	£191,774	27% below HPI
2003 21 MAY	£68,500	£179,270	62% below HPI
2001 31 AUG	£81,000	£124,536	35% below HPI
2000 14 APR	£70,500	£101,897	31% below HPI
1997 20 NOV	£62,950	£85,003	26% below HPI

47 OWEN 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 six 47 OWEN CLOSE sales between November 1997 and May 2024 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 February 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 47 OWEN CLOSE?

47 OWEN CLOSE is 70m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 47 OWEN CLOSE lies on this distribution: 7% of detached houses are smaller than 47 OWEN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

47 OWEN CLOSE: Plot and Title Map

47 OWEN CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 47 OWEN 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 OWEN 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 OWEN CLOSE?

47 OWEN CLOSE is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 47 on OWEN CLOSE.