7, HOWE CLOSE, STONEY STANTON, LEICESTER, LE9 4TE - £365,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 HOWE CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £370,197. It was last sold for £365,000 in October 2023, which was around 6% 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 D, and the potential energy rating was B.

7 HOWE CLOSE Sold Prices

Land registry data shows five sales for 7 HOWE 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. Most of the five 7 HOWE 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
2023 23 OCT	£365,000	£389,056	6% below HPI
2013 23 AUG	£236,000	£218,370	8% above HPI
2007 24 OCT	£250,000	£240,279	4% above HPI
2004 26 NOV	£244,000	£214,479	14% above HPI
2003 18 SEP	£175,000	£177,654	1% below HPI

7 HOWE 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 7 HOWE CLOSE sales between September 2003 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 August 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 HOWE CLOSE be worth now?

7 HOWE CLOSE might now be worth an estimated £370,197.

This is based on house price inflation of 1.4%, between October 2023 and December 2024, 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 1.4% inflationary increase is applied to the most recent sale price for 7 HOWE CLOSE of £365,000 on 23rd October 2023. For the value to have increased from £365,000 to £370,197 over the ten months to December 2024, the following assumptions must hold true:

• The value of 7 HOWE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOWE CLOSE has not materially changed since October 2023.

How Large is 7 HOWE CLOSE?

7 HOWE CLOSE is 76m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses houses in Stoney Stanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoney Stanton, and where 7 HOWE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 7 HOWE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

7 HOWE CLOSE: Plot and Title Map

7 HOWE CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 7 HOWE 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 HOWE 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 HOWE CLOSE?

7 HOWE CLOSE is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 7 on HOWE CLOSE.