7, WELBECK CLOSE, BLABY, LEICESTER, LE8 4HF - £193,000

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 WELBECK CLOSE is a large extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £193,000 in July 2006, which was around 14% below the average July 2006 detached price in the Blaby local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

7 WELBECK CLOSE Sold Prices

Land registry data shows two sales for 7 WELBECK 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 WELBECK 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
2006 21 JUL	£193,000	£223,255	14% below HPI
1997 20 JUN	£72,500	£81,536	11% below HPI

7 WELBECK 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 WELBECK CLOSE sales from June 1997 and July 2006 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 June 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 WELBECK CLOSE?

7 WELBECK CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 7 WELBECK CLOSE lies on this distribution: 63% of detached houses are smaller than 7 WELBECK CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Blaby.

7 WELBECK CLOSE: Plot and Title Map

7 WELBECK CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 7 WELBECK 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 WELBECK 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 WELBECK CLOSE?

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