8, UPEX CLOSE, WHETSTONE, LEICESTER, LE8 6QU - £400,000

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 UPEX CLOSE is a small extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £400,000 in July 2022, which was around 1% above the average July 2022 detached price in the Blaby local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 UPEX CLOSE Sold Prices

Land registry data shows three sales for 8 UPEX 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. All of the three 8 UPEX 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
2022 19 JUL	£400,000	£395,888	1% above HPI
2003 10 JAN	£187,950	£165,520	14% above HPI
1997 20 JUN	£98,495	£81,536	21% above HPI

8 UPEX 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 UPEX CLOSE sales between June 1997 and July 2022 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 January 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2022 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 UPEX CLOSE?

8 UPEX CLOSE is 107m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% 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 UPEX CLOSE lies on this distribution: 37% of detached houses are smaller than 8 UPEX CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

8 UPEX CLOSE: Plot and Title Map

8 UPEX CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 UPEX 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 UPEX 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 UPEX CLOSE?

8 UPEX CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 8 on UPEX CLOSE.