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 REEVES CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £275,000 in January 2015, which was around 14% above the average January 2015 detached price in the Blaby local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 REEVES CLOSE since 1st 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. All of the three 8 REEVES 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 |
---|---|---|---|
2015 16 JAN | £275,000 | £240,851 | 14% above HPI |
2014 19 DEC | £280,000 | £246,010 | 14% above HPI |
2001 25 JAN | £134,000 | £115,084 | 16% above HPI |
The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 8 REEVES CLOSE sales between January 2001 and January 2015 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 2014 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2015 sale, which was also at 14% above the HPI.
8 REEVES CLOSE is 119m² according to the EPC inspection conducted in December 2023. This puts it in the largest 50% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 8 REEVES CLOSE lies on this distribution: 51% of detached houses are smaller than 8 REEVES CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Whetstone.
8 REEVES CLOSE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 8 REEVES 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 REEVES 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.
8 REEVES CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 8 on REEVES CLOSE.