9, THE ELMS, BLABY, LEICESTER, LE8 4EJ - £232,000

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

9 THE ELMS is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £232,000 in September 2017, which was around 22% below the average September 2017 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 four sales for 9 THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 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
2017 29 SEP	£232,000	£298,351	22% below HPI
2011 19 AUG	£205,000	£221,826	8% below HPI
2008 20 FEB	£175,000	£238,250	27% below HPI
1999 1 MAR	£70,000	£89,729	22% 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 four 9 THE ELMS sales between March 1999 and September 2017 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 August 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Blaby, based on EPC data. The below chart shows the distribution of detached houses by size in Blaby, and where 9 THE ELMS lies on this distribution: 59% of detached 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.