7, CRANBERRY CLOSE, LEICESTER, LE3 3DL - £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

7 CRANBERRY CLOSE is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £185,000 in December 2015, which was around 30% below the average December 2015 detached price in the Blaby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

7 CRANBERRY CLOSE Sold Prices

Land registry data shows two sales for 7 CRANBERRY 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 Blaby local authority area for the corresponding sale date. Both of the two 7 CRANBERRY 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 18 DEC	£185,000	£263,593	30% below HPI
2002 22 AUG	£112,000	£150,834	26% below HPI

7 CRANBERRY 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 two 7 CRANBERRY CLOSE sales from August 2002 and December 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 August 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 CRANBERRY CLOSE?

7 CRANBERRY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 7 CRANBERRY CLOSE lies on this distribution: 15% of detached houses are smaller than 7 CRANBERRY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 CRANBERRY CLOSE: Plot and Title Map

7 CRANBERRY CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 CRANBERRY 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 7 CRANBERRY 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 7 CRANBERRY CLOSE?

7 CRANBERRY CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 7 on CRANBERRY CLOSE.