7, FORGE CLOSE, GLENFIELD, LEICESTER, LE3 8QF - £205,000

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

7 FORGE CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £205,000 in June 2014, which was around 14% below the average June 2014 detached price in the Blaby local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

7 FORGE CLOSE Sold Prices

Land registry data shows three sales for 7 FORGE 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. All of the three 7 FORGE 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
2014 6 JUN	£205,000	£237,794	14% below HPI
2002 29 NOV	£153,500	£159,017	3% below HPI
1997 12 DEC	£75,000	£84,254	11% below HPI

7 FORGE 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 7 FORGE CLOSE sales between December 1997 and June 2014 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 November 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 FORGE CLOSE?

7 FORGE CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% 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 FORGE CLOSE lies on this distribution: 29% of detached houses are smaller than 7 FORGE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 FORGE CLOSE: Plot and Title Map

7 FORGE CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 7 FORGE 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 FORGE 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 FORGE CLOSE?

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