2, UPEX CLOSE, WHETSTONE, LEICESTER, LE8 6QU - £395,000

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 UPEX CLOSE is a very large extended detached house of 158m², built sometime between 1991 and 1995, which could now be worth an estimated £489,037. It was last sold for £395,000 in January 2020, which was around 25% above the average January 2020 detached price in the Blaby local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

2 UPEX CLOSE Sold Prices

Land registry data shows two sales for 2 UPEX CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 2 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
2020 10 JAN	£395,000	£315,211	25% above HPI
1997 16 JUN	£125,000	£79,910	56% above HPI

2 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 two 2 UPEX CLOSE sales from June 1997 and January 2020 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 June 1997 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 UPEX CLOSE be worth now?

2 UPEX CLOSE might now be worth an estimated £489,037.

This is based on house price inflation of 23.8%, between January 2020 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 23.8% inflationary increase is applied to the most recent sale price for 2 UPEX CLOSE of £395,000 on 10th January 2020. For the value to have increased from £395,000 to £489,037 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 UPEX CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The January 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 2 UPEX CLOSE has not materially changed since January 2020.

How Large is 2 UPEX CLOSE?

2 UPEX CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 20% 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 2 UPEX CLOSE lies on this distribution: 84% of detached houses houses are smaller than 2 UPEX CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Whetstone.

2 UPEX CLOSE: Plot and Title Map

2 UPEX CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 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 2 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 2 UPEX CLOSE?

2 UPEX CLOSE is located in WHETSTONE, in the LE8 postcode district. The below map shows the position of No. 2 on UPEX CLOSE.