8, THE MALTINGS, GLENFIELD, LEICESTER, LE3 8ET - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE MALTINGS is a very small detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £259,734. It was last sold for £220,000 in March 2021, which was around 33% below the average March 2021 detached price in the Blaby local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

8 THE MALTINGS Sold Prices

Land registry data shows three sales for 8 THE MALTINGS 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. All of the three 8 THE MALTINGS 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
2021 15 MAR	£220,000	£330,552	33% below HPI
2014 6 JUN	£175,000	£233,050	25% below HPI
1999 23 APR	£72,500	£89,768	19% below HPI

8 THE MALTINGS 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 THE MALTINGS sales between April 1999 and March 2021 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 June 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 THE MALTINGS be worth now?

8 THE MALTINGS might now be worth an estimated £259,734.

This is based on house price inflation of 18.1%, between March 2021 and February 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 18.1% inflationary increase is applied to the most recent sale price for 8 THE MALTINGS of £220,000 on 15th March 2021. For the value to have increased from £220,000 to £259,734 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 THE MALTINGS has moved in line with the HPI for detached houses in the Blaby local authority area.
• The March 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE MALTINGS has not materially changed since March 2021.

How Large is 8 THE MALTINGS?

8 THE MALTINGS is 56m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 8 THE MALTINGS lies on this distribution: 2% of detached houses houses are smaller than 8 THE MALTINGS, and 98% of houses are larger. Note that EPC data is not available for all properties in Leicester.

8 THE MALTINGS: Plot and Title Map

8 THE MALTINGS sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 8 THE MALTINGS, 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 THE MALTINGS). 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 THE MALTINGS?

8 THE MALTINGS is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 8 on THE MALTINGS.