6, PHIPPS CLOSE, WHETSTONE, LEICESTER, LE8 6YN - £323,000

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

6 PHIPPS CLOSE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £323,000 in October 2023, which was around 19% below the average October 2023 detached price in the Blaby local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

6 PHIPPS CLOSE Sold Prices

Land registry data shows five sales for 6 PHIPPS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the five 6 PHIPPS 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
2023 6 OCT	£323,000	£397,439	19% below HPI
2017 8 DEC	£235,000	£301,911	22% below HPI
2014 13 FEB	£193,000	£228,173	15% below HPI
2006 24 MAR	£178,500	£217,282	18% below HPI
2002 6 SEP	£132,500	£152,395	13% below HPI

6 PHIPPS 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 five 6 PHIPPS CLOSE sales between September 2002 and October 2023 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 December 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 6 PHIPPS CLOSE?

6 PHIPPS CLOSE is 93m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 6 PHIPPS CLOSE lies on this distribution: 24% of detached houses are smaller than 6 PHIPPS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

6 PHIPPS CLOSE: Plot and Title Map

6 PHIPPS CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 6 PHIPPS 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 6 PHIPPS 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 6 PHIPPS CLOSE?

6 PHIPPS CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 6 on PHIPPS CLOSE.