5, FARMERS CLOSE, GLENFIELD, LEICESTER, LE3 8QH - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FARMERS CLOSE is a large extended detached house of 131m², built sometime between 1983 and 1990, which could now be worth an estimated £438,038. It was last sold for £410,000 in December 2021, which was around 12% above the average December 2021 detached price in the Blaby local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

5 FARMERS CLOSE Sold Prices

Land registry data shows three sales for 5 FARMERS 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. One of the three 5 FARMERS CLOSE sales was for above the average price, whilst two 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 17 DEC	£410,000	£365,274	12% above HPI
2007 19 OCT	£205,000	£240,279	15% below HPI
2006 13 NOV	£200,000	£224,568	11% below HPI

5 FARMERS 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 5 FARMERS CLOSE sales between November 2006 and December 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 October 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 FARMERS CLOSE be worth now?

5 FARMERS CLOSE might now be worth an estimated £438,038.

This is based on house price inflation of 6.8%, between December 2021 and February 2025, 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 6.8% inflationary increase is applied to the most recent sale price for 5 FARMERS CLOSE of £410,000 on 17th December 2021. For the value to have increased from £410,000 to £438,038 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 FARMERS CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARMERS CLOSE has not materially changed since December 2021.

How Large is 5 FARMERS CLOSE?

5 FARMERS CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 5 FARMERS CLOSE lies on this distribution: 65% of detached houses houses are smaller than 5 FARMERS CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 FARMERS CLOSE: Plot and Title Map

5 FARMERS CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 5 FARMERS 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 FARMERS 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 FARMERS CLOSE?

5 FARMERS CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 5 on FARMERS CLOSE.