1, CHESTNUT CLOSE, COUNTESTHORPE, LEICESTER, LE8 5XE - £580,000

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.

1 CHESTNUT CLOSE is a very large detached house of 155m², which could now be worth an estimated £572,383. It was last sold for £580,000 in February 2023, which was around 47% above the average February 2023 detached price in the Blaby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

1 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 1 CHESTNUT 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 1 CHESTNUT 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
2023 7 FEB	£580,000	£395,446	47% above HPI
2015 1 OCT	£420,000	£253,804	65% above HPI
2014 18 DEC	£370,000	£241,102	53% above HPI

1 CHESTNUT 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 1 CHESTNUT CLOSE sales between December 2014 and February 2023 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 October 2015 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the February 2023 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 1 CHESTNUT CLOSE be worth now?

1 CHESTNUT CLOSE might now be worth an estimated £572,383.

This is based on house price deflation of 1.3%, between February 2023 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 1.3% deflationary decrease is applied to the most recent sale price for 1 CHESTNUT CLOSE of £580,000 on 7th February 2023. For the value to have decreased from £580,000 to £572,383 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The February 2023 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHESTNUT CLOSE has not materially changed since February 2023.

How Large is 1 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is 155m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Countesthorpe, and where 1 CHESTNUT CLOSE lies on this distribution: 81% of detached houses houses are smaller than 1 CHESTNUT CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

1 CHESTNUT CLOSE: Plot and Title Map

1 CHESTNUT CLOSE sits on a plot of roughly 0.208 of an acre, or 842m². The below map shows the location of 1 CHESTNUT 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 1 CHESTNUT 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 1 CHESTNUT CLOSE?

1 CHESTNUT CLOSE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 1 on CHESTNUT CLOSE.