8, NOWELL CLOSE, GLEN PARVA, LEICESTER, LE2 9SZ - £278,000

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 NOWELL CLOSE is a midsized extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £278,000 in October 2016, which was around 1% above the average October 2016 detached price in the Blaby local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

8 NOWELL CLOSE Sold Prices

Land registry data shows two sales for 8 NOWELL 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 NOWELL 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 20 OCT	£278,000	£275,922	1% above HPI
2000 22 DEC	£135,995	£113,809	19% above HPI

8 NOWELL 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 NOWELL CLOSE sales from December 2000 and October 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 December 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 NOWELL CLOSE?

8 NOWELL CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 8 NOWELL CLOSE lies on this distribution: 51% of detached houses are smaller than 8 NOWELL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 NOWELL CLOSE: Plot and Title Map

8 NOWELL CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 8 NOWELL 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 NOWELL 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 NOWELL CLOSE?

8 NOWELL CLOSE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 8 on NOWELL CLOSE.