8, SPEEDWELL CLOSE, NARBOROUGH, LEICESTER, LE19 3WJ - £225,000

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 SPEEDWELL CLOSE is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £225,000 in October 2015, which was around 13% below the average October 2015 detached price in the Blaby local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

8 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 8 SPEEDWELL CLOSE since 1^st 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. The three 8 SPEEDWELL CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 19 OCT	£225,000	£258,971	13% below HPI
1998 9 OCT	£89,050	£89,227	Close to HPI
1997 27 MAR	£81,000	£79,428	2% above HPI

8 SPEEDWELL 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 three 8 SPEEDWELL CLOSE sales between March 1997 and October 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 October 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 SPEEDWELL CLOSE?

8 SPEEDWELL CLOSE is 117m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses in Narborough, based on EPC data. The below chart shows the distribution of detached houses by size in Narborough, and where 8 SPEEDWELL CLOSE lies on this distribution: 57% of detached houses are smaller than 8 SPEEDWELL CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Narborough.

8 SPEEDWELL CLOSE: Plot and Title Map

8 SPEEDWELL CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 8 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

8 SPEEDWELL CLOSE is located in NARBOROUGH, in the LE19 postcode district. The below map shows the position of No. 8 on SPEEDWELL CLOSE.