2, CHEER CLOSE, WHETSTONE, LEICESTER, LE8 6ZB - £184,000

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.

2 CHEER CLOSE is a very small extended detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £321,653. It was last sold for £184,000 in October 2004, which was around 16% below the average October 2004 detached price in the Blaby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 CHEER CLOSE Sold Prices

Land registry data shows one sale for 2 CHEER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Blaby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 1 OCT	£184,000	£220,288	16% below HPI

What might 2 CHEER CLOSE be worth now?

2 CHEER CLOSE might now be worth an estimated £321,653.

This is based on house price inflation of 74.8%, between October 2004 and May 2026, 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 74.8% inflationary increase is applied to the most recent sale price for 2 CHEER CLOSE of £184,000 on 1st October 2004. For the value to have increased from £184,000 to £321,653 over the 22 years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CHEER CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2004 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHEER CLOSE has not materially changed since October 2004.

How Large is 2 CHEER CLOSE?

2 CHEER CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 2 CHEER CLOSE lies on this distribution: 10% of detached houses are smaller than 2 CHEER CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Whetstone.

2 CHEER CLOSE: Plot

2 CHEER CLOSE sits on a plot of roughly 0.061 of an acre, or 248m².

Where is 2 CHEER CLOSE?

2 CHEER CLOSE is located in WHETSTONE, in the LE8 postcode district.