5, BALLATER CLOSE, LEICESTER, LE5 6XA - £325,000

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

5 BALLATER CLOSE is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £325,000 in February 2018, which was around 12% above the average February 2018 detached price in the Leicester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

5 BALLATER CLOSE Sold Prices

Land registry data shows two sales for 5 BALLATER 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 5 BALLATER 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 22 FEB	£325,000	£291,025	12% above HPI
1997 26 SEP	£74,950	£71,967	4% above HPI

5 BALLATER 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 5 BALLATER CLOSE sales from September 1997 and February 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 September 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 5 BALLATER CLOSE?

5 BALLATER CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 5 BALLATER CLOSE lies on this distribution: 38% of detached houses are smaller than 5 BALLATER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 BALLATER CLOSE: Plot and Title Map

5 BALLATER CLOSE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 5 BALLATER 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 5 BALLATER 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 5 BALLATER CLOSE?

5 BALLATER CLOSE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 5 on BALLATER CLOSE.