3, GRANARY CLOSE, GLENFIELD, LEICESTER, LE3 8RY - £372,500

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.

3 GRANARY CLOSE is a midsized extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £370,672. It was last sold for £372,500 in January 2024, which was around 4% below the average January 2024 detached price in the Blaby local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

3 GRANARY CLOSE Sold Prices

Land registry data shows two sales for 3 GRANARY 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. One of the two 3 GRANARY CLOSE sales was for below the average price, whilst the other was 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
2024 25 JAN	£372,500	£386,987	4% below HPI
1996 5 JUN	£78,000	£75,779	3% above HPI

3 GRANARY 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 3 GRANARY CLOSE sales from June 1996 and January 2024 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 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2024 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 GRANARY CLOSE be worth now?

3 GRANARY CLOSE might now be worth an estimated £370,672.

This is based on house price deflation of 0.5%, between January 2024 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 0.5% deflationary decrease is applied to the most recent sale price for 3 GRANARY CLOSE of £372,500 on 25th January 2024. For the value to have decreased from £372,500 to £370,672 over the one year and eight months to May 2026, the following assumptions must hold true:

• The value of 3 GRANARY CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The January 2024 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GRANARY CLOSE has not materially changed since January 2024.

How Large is 3 GRANARY CLOSE?

3 GRANARY CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% 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 3 GRANARY CLOSE lies on this distribution: 50% of detached houses houses are smaller than 3 GRANARY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 GRANARY CLOSE: Plot and Title Map

3 GRANARY CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 GRANARY 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 3 GRANARY 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 3 GRANARY CLOSE?

3 GRANARY CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 3 on GRANARY CLOSE.