22, NOWELL CLOSE, GLEN PARVA, LEICESTER, LE2 9SZ - £124,950

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.

22 NOWELL CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £320,314. It was last sold for £124,950 in October 2002, which was around 18% below the average October 2002 detached price in the Blaby local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

22 NOWELL CLOSE Sold Prices

Land registry data shows two sales for 22 NOWELL 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 22 NOWELL CLOSE 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
2002 4 OCT	£124,950	£152,232	18% below HPI
2001 30 MAR	£102,995	£113,148	9% below HPI

22 NOWELL 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 22 NOWELL CLOSE sales from March 2001 and October 2002 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 March 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2002 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 22 NOWELL CLOSE be worth now?

22 NOWELL CLOSE might now be worth an estimated £320,314.

This is based on house price inflation of 156.4%, between October 2002 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 156.4% inflationary increase is applied to the most recent sale price for 22 NOWELL CLOSE of £124,950 on 4th October 2002. For the value to have increased from £124,950 to £320,314 over the 23 years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 NOWELL CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2002 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 22 NOWELL CLOSE has not materially changed since October 2002.

How Large is 22 NOWELL CLOSE?

22 NOWELL CLOSE is 97m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 22 NOWELL CLOSE lies on this distribution: 32% of detached houses houses are smaller than 22 NOWELL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Leicester.

22 NOWELL CLOSE: Plot and Title Map

22 NOWELL CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 22 NOWELL 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 22 NOWELL 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 22 NOWELL CLOSE?

22 NOWELL CLOSE is located in GLEN PARVA, in the LE2 postcode district. The below map shows the position of No. 22 on NOWELL CLOSE.