8, FREER CLOSE, BLABY, LEICESTER, LE8 4FX - £250,000

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

8 FREER CLOSE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £250,000 in December 2017, which was around 17% below the average December 2017 detached price in the Blaby local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

8 FREER CLOSE Sold Prices

Land registry data shows four sales for 8 FREER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 8 FREER 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
2017 20 DEC	£250,000	£301,911	17% below HPI
2013 6 SEP	£195,000	£222,218	12% below HPI
2007 31 MAY	£227,500	£232,233	2% below HPI
2001 19 DEC	£123,000	£129,302	5% below HPI

8 FREER 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 four 8 FREER CLOSE sales between December 2001 and December 2017 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 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 FREER CLOSE?

8 FREER CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 8 FREER CLOSE lies on this distribution: 59% of detached houses are smaller than 8 FREER CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Blaby.

8 FREER CLOSE: Plot and Title Map

8 FREER CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 8 FREER 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 8 FREER 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 8 FREER CLOSE?

8 FREER CLOSE is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 8 on FREER CLOSE.