9, CRANBERRY CLOSE, LEICESTER, LE3 3DL - £211,250

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 CRANBERRY CLOSE is a very large extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £302,637. It was last sold for £211,250 in December 2016, which was around 22% below the average December 2016 detached price in the Blaby local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

9 CRANBERRY CLOSE Sold Prices

Land registry data shows five sales for 9 CRANBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the five 9 CRANBERRY CLOSE 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
2016 2 DEC	£211,250	£270,504	22% below HPI
2006 3 NOV	£183,000	£224,568	19% below HPI
2002 18 SEP	£122,500	£149,354	18% below HPI
1998 26 JUN	£75,000	£83,879	11% below HPI
1997 2 MAY	£68,950	£78,380	12% below HPI

9 CRANBERRY 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 five 9 CRANBERRY CLOSE sales between May 1997 and December 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 November 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 CRANBERRY CLOSE be worth now?

9 CRANBERRY CLOSE might now be worth an estimated £302,637.

This is based on house price inflation of 43.3%, between December 2016 and March 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 43.3% inflationary increase is applied to the most recent sale price for 9 CRANBERRY CLOSE of £211,250 on 2nd December 2016. For the value to have increased from £211,250 to £302,637 over the nine years and nine months to March 2025, the following assumptions must hold true:

• The value of 9 CRANBERRY CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The December 2016 sale price of £211,250 represented a fair market value for the property.
• The size, condition, and specification of 9 CRANBERRY CLOSE has not materially changed since December 2016.

How Large is 9 CRANBERRY CLOSE?

9 CRANBERRY CLOSE is 168m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 20% 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 9 CRANBERRY CLOSE lies on this distribution: 85% of detached houses houses are smaller than 9 CRANBERRY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Leicester.

9 CRANBERRY CLOSE: Plot and Title Map

9 CRANBERRY CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 9 CRANBERRY 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 9 CRANBERRY 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 9 CRANBERRY CLOSE?

9 CRANBERRY CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 9 on CRANBERRY CLOSE.