7, SPIERS CLOSE, NARBOROUGH, LEICESTER, LE19 2RJ - £380,000

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 SPIERS CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £380,000 in April 2023, which was around 7% below the average April 2023 detached price in the Blaby local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

7 SPIERS CLOSE Sold Prices

Land registry data shows three sales for 7 SPIERS 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. One of the three 7 SPIERS CLOSE sales was for below the average price, whilst two 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 12 APR	£380,000	£410,241	7% below HPI
2020 9 OCT	£338,500	£335,943	1% above HPI
1999 24 JUN	£107,950	£93,284	16% above HPI

7 SPIERS 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 SPIERS CLOSE sales between June 1999 and April 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 October 2020 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 SPIERS CLOSE?

7 SPIERS CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 7 SPIERS CLOSE lies on this distribution: 61% of detached houses are smaller than 7 SPIERS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Narborough.

7 SPIERS CLOSE: Plot and Title Map

7 SPIERS CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 SPIERS 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 SPIERS 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 SPIERS CLOSE?

7 SPIERS CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 7 on SPIERS CLOSE.