3, IVANHOE CLOSE, GLENFIELD, LEICESTER, LE3 8LH - £220,000

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.

3 IVANHOE CLOSE is a midsized extended detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £280,242. It was last sold for £220,000 in April 2018, which was around 28% below the average April 2018 detached price in the Blaby local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

3 IVANHOE CLOSE Sold Prices

Land registry data shows two sales for 3 IVANHOE 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 3 IVANHOE 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
2018 27 APR	£220,000	£303,990	28% below HPI
2005 30 JUN	£178,000	£209,081	15% below HPI

3 IVANHOE 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 IVANHOE CLOSE sales from June 2005 and April 2018 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 IVANHOE CLOSE be worth now?

3 IVANHOE CLOSE might now be worth an estimated £280,242.

This is based on house price inflation of 27.4%, between April 2018 and April 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 27.4% inflationary increase is applied to the most recent sale price for 3 IVANHOE CLOSE of £220,000 on 27th April 2018. For the value to have increased from £220,000 to £280,242 over the eight years to April 2026, the following assumptions must hold true:

• The value of 3 IVANHOE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The April 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 IVANHOE CLOSE has not materially changed since April 2018.

How Large is 3 IVANHOE CLOSE?

3 IVANHOE CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 IVANHOE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 IVANHOE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Leicester.

3 IVANHOE CLOSE: Plot and Title Map

3 IVANHOE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 IVANHOE 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 IVANHOE 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 IVANHOE CLOSE?

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