9, UPEX CLOSE, WHETSTONE, LEICESTER, LE8 6QU - £225,000

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

9 UPEX CLOSE is a large extended detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £400,453. It was last sold for £225,000 in October 2013, which was around 1% above the average October 2013 detached price in the Blaby local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

9 UPEX CLOSE Sold Prices

Land registry data shows three sales for 9 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 9 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
2013 18 OCT	£225,000	£221,709	1% above HPI
2005 9 DEC	£235,000	£212,294	11% above HPI
1997 27 JUN	£99,450	£79,910	24% above HPI

9 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 9 UPEX CLOSE sales between June 1997 and October 2013 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 December 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2013 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 9 UPEX CLOSE be worth now?

9 UPEX CLOSE might now be worth an estimated £400,453.

This is based on house price inflation of 78%, between October 2013 and December 2024, 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 78% inflationary increase is applied to the most recent sale price for 9 UPEX CLOSE of £225,000 on 18th October 2013. For the value to have increased from £225,000 to £400,453 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 9 UPEX CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2013 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 9 UPEX CLOSE has not materially changed since October 2013.

How Large is 9 UPEX CLOSE?

9 UPEX CLOSE is 140m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whetstone, and where 9 UPEX CLOSE lies on this distribution: 76% of detached houses houses are smaller than 9 UPEX CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

9 UPEX CLOSE: Plot and Title Map

9 UPEX CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 9 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 9 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 9 UPEX CLOSE?

9 UPEX CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 9 on UPEX CLOSE.