27, NORMANDY CLOSE, GLENFIELD, LEICESTER, LE3 8SZ - £168,000

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.

27 NORMANDY CLOSE is a small extended detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £277,920. It was last sold for £168,000 in May 2014, which was around 28% below the average May 2014 detached price in the Blaby local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

27 NORMANDY CLOSE Sold Prices

Land registry data shows three sales for 27 NORMANDY 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 27 NORMANDY 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
2014 30 MAY	£168,000	£232,782	28% below HPI
2000 26 MAY	£71,000	£101,362	30% below HPI
1999 15 JAN	£67,950	£87,561	22% below HPI

27 NORMANDY 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 27 NORMANDY CLOSE sales between January 1999 and May 2014 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 May 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 27 NORMANDY CLOSE be worth now?

27 NORMANDY CLOSE might now be worth an estimated £277,920.

This is based on house price inflation of 65.4%, between May 2014 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 65.4% inflationary increase is applied to the most recent sale price for 27 NORMANDY CLOSE of £168,000 on 30th May 2014. For the value to have increased from £168,000 to £277,920 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 27 NORMANDY CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The May 2014 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 27 NORMANDY CLOSE has not materially changed since May 2014.

How Large is 27 NORMANDY CLOSE?

27 NORMANDY CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% 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 27 NORMANDY CLOSE lies on this distribution: 28% of detached houses houses are smaller than 27 NORMANDY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Leicester.

27 NORMANDY CLOSE: Plot and Title Map

27 NORMANDY CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 27 NORMANDY 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 27 NORMANDY 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 27 NORMANDY CLOSE?

27 NORMANDY CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 27 on NORMANDY CLOSE.