8, LEE CLOSE, STONEY STANTON, LEICESTER, LE9 4ED - £317,500

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.

8 LEE CLOSE is a large detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £454,850. It was last sold for £317,500 in December 2016, which was around 17% above the average December 2016 detached price in the Blaby local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

8 LEE CLOSE Sold Prices

Land registry data shows two sales for 8 LEE 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 8 LEE 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
2016 16 DEC	£317,500	£270,504	17% above HPI
1995 17 NOV	£114,950	£73,486	56% above HPI

8 LEE 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 8 LEE CLOSE sales from November 1995 and December 2016 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 November 1995 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 LEE CLOSE be worth now?

8 LEE CLOSE might now be worth an estimated £454,850.

This is based on house price inflation of 43.3%, between December 2016 and March 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 43.3% inflationary increase is applied to the most recent sale price for 8 LEE CLOSE of £317,500 on 16th December 2016. For the value to have increased from £317,500 to £454,850 over the nine years and nine months to March 2025, the following assumptions must hold true:

• The value of 8 LEE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2016 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LEE CLOSE has not materially changed since December 2016.

How Large is 8 LEE CLOSE?

8 LEE CLOSE is 123m² according to the EPC inspection conducted in October 2016. This puts it in the largest 30% 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 8 LEE CLOSE lies on this distribution: 73% of detached houses houses are smaller than 8 LEE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Stoney Stanton.

8 LEE CLOSE: Plot and Title Map

8 LEE CLOSE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 8 LEE 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 LEE 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 LEE CLOSE?

8 LEE CLOSE is located in STONEY STANTON, in the LE9 postcode district. The below map shows the position of No. 8 on LEE CLOSE.