9, THE ELMS, BLABY, LEICESTER, LE8 4EJ - £287,500

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 THE ELMS is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £288,169. It was last sold for £287,500 in June 2024, which was around 26% below the average June 2024 detached price in the Blaby local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

9 THE ELMS Sold Prices

Land registry data shows five sales for 9 THE ELMS 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 THE ELMS 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
2024 6 JUN	£287,500	£389,347	26% below HPI
2017 29 SEP	£232,000	£292,398	21% below HPI
2011 19 AUG	£205,000	£217,400	6% below HPI
2008 20 FEB	£175,000	£233,496	25% below HPI
1999 1 MAR	£70,000	£87,939	20% below HPI

9 THE ELMS 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 THE ELMS sales between March 1999 and June 2024 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 September 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 9 THE ELMS be worth now?

9 THE ELMS might now be worth an estimated £288,169.

This is based on house price inflation of 0.2%, between June 2024 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 0.2% inflationary increase is applied to the most recent sale price for 9 THE ELMS of £287,500 on 6th June 2024. For the value to have increased from £287,500 to £288,169 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 9 THE ELMS has moved in line with the HPI for detached houses in the Blaby local authority area.
• The June 2024 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 9 THE ELMS has not materially changed since June 2024.

How Large is 9 THE ELMS?

9 THE ELMS is 113m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses houses in Blaby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blaby, and where 9 THE ELMS lies on this distribution: 59% of detached houses houses are smaller than 9 THE ELMS, and 41% of houses are larger. Note that EPC data is not available for all properties in Blaby.

9 THE ELMS: Plot and Title Map

9 THE ELMS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 9 THE ELMS, 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 THE ELMS). 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 THE ELMS?

9 THE ELMS is located in BLABY, in the LE8 postcode district. The below map shows the position of No. 9 on THE ELMS.