7, GREYLAG CLOSE, WHETSTONE, LEICESTER, LE8 6ZS - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GREYLAG CLOSE is a large extended detached house of 141m², built sometime between 1991 and 1995, which could now be worth an estimated £462,358. It was last sold for £390,000 in November 2020, which was around 18% above the average November 2020 detached price in the Blaby local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 GREYLAG CLOSE Sold Prices

Land registry data shows two sales for 7 GREYLAG 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 GREYLAG CLOSE sales were 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
2020 6 NOV	£390,000	£329,179	18% above HPI
2003 3 SEP	£250,000	£177,654	41% above HPI

7 GREYLAG 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 GREYLAG CLOSE sales from September 2003 and November 2020 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 September 2003 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 GREYLAG CLOSE be worth now?

7 GREYLAG CLOSE might now be worth an estimated £462,358.

This is based on house price inflation of 18.6%, between November 2020 and February 2025, for detached houses, in the Blaby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 7 GREYLAG CLOSE of £390,000 on 6th November 2020. For the value to have increased from £390,000 to £462,358 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 GREYLAG CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREYLAG CLOSE has not materially changed since November 2020.

How Large is 7 GREYLAG CLOSE?

7 GREYLAG CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 7 GREYLAG CLOSE lies on this distribution: 76% of detached houses houses are smaller than 7 GREYLAG CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

7 GREYLAG CLOSE: Plot and Title Map

7 GREYLAG CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 7 GREYLAG 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 GREYLAG 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 GREYLAG CLOSE?

7 GREYLAG CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 7 on GREYLAG CLOSE.