5, LOBBS WOOD CLOSE, LEICESTER, LE5 1DH - £185,000

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 LOBBS WOOD CLOSE is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £185,000 in April 2015, which was around 20% below the average April 2015 detached price in the Leicester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

5 LOBBS WOOD CLOSE Sold Prices

Land registry data shows two sales for 5 LOBBS WOOD 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 LOBBS WOOD 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
2015 17 APR	£185,000	£232,099	20% below HPI
1997 20 JUN	£65,000	£70,098	7% below HPI

5 LOBBS WOOD 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 LOBBS WOOD CLOSE sales from June 1997 and April 2015 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 June 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 LOBBS WOOD CLOSE?

5 LOBBS WOOD CLOSE is 86m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 LOBBS WOOD CLOSE lies on this distribution: 19% of detached houses are smaller than 5 LOBBS WOOD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 LOBBS WOOD CLOSE: Plot and Title Map

5 LOBBS WOOD CLOSE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 5 LOBBS WOOD 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 LOBBS WOOD 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 LOBBS WOOD CLOSE?

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