5, PARES CLOSE, WHITWICK, COALVILLE, LE67 5HY - £239,000

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

5 PARES CLOSE is a large detached house of 115m², built sometime between 1991 and 1995. It was last sold for £239,000 in April 2016, which was around 5% below the average April 2016 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

5 PARES CLOSE Sold Prices

Land registry data shows two sales for 5 PARES 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 North West Leicestershire local authority area for the corresponding sale date. One of the two 5 PARES CLOSE sales was for below the average price, whilst the other was 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
2016 14 APR	£239,000	£250,714	5% below HPI
1995 20 MAY	£95,000	£71,195	33% above HPI

5 PARES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 5 PARES CLOSE sales from May 1995 and April 2016 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 May 1995 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2016 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 PARES CLOSE?

5 PARES CLOSE is 115m² according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Whitwick, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwick, and where 5 PARES CLOSE lies on this distribution: 72% of detached houses are smaller than 5 PARES CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Whitwick.

5 PARES CLOSE: Plot and Title Map

5 PARES CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 5 PARES 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 PARES 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 PARES CLOSE?

5 PARES CLOSE is located in WHITWICK, in the LE67 postcode district. The below map shows the position of No. 5 on PARES CLOSE.