4, PLOWMAN CLOSE, GLENFIELD, LEICESTER, LE3 8BW - £230,000

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.

4 PLOWMAN CLOSE is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £282,343. It was last sold for £230,000 in October 2018, which was around 27% below the average October 2018 detached price in the Blaby local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

4 PLOWMAN CLOSE Sold Prices

Land registry data shows four sales for 4 PLOWMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 4 PLOWMAN 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 31 OCT	£230,000	£313,697	27% below HPI
2018 28 SEP	£225,000	£311,117	28% below HPI
2015 29 JUN	£190,000	£247,873	23% below HPI
2013 22 FEB	£100,000	£213,586	53% below HPI

4 PLOWMAN 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 four 4 PLOWMAN CLOSE sales between February 2013 and October 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 September 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 PLOWMAN CLOSE be worth now?

4 PLOWMAN CLOSE might now be worth an estimated £282,343.

This is based on house price inflation of 22.8%, between October 2018 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 22.8% inflationary increase is applied to the most recent sale price for 4 PLOWMAN CLOSE of £230,000 on 31st October 2018. For the value to have increased from £230,000 to £282,343 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 4 PLOWMAN CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2018 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PLOWMAN CLOSE has not materially changed since October 2018.

How Large is 4 PLOWMAN CLOSE?

4 PLOWMAN CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in April 2015. 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 4 PLOWMAN CLOSE lies on this distribution: 38% of detached houses houses are smaller than 4 PLOWMAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Leicester.

4 PLOWMAN CLOSE: Plot and Title Map

4 PLOWMAN CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 4 PLOWMAN 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 4 PLOWMAN 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 4 PLOWMAN CLOSE?

4 PLOWMAN CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 4 on PLOWMAN CLOSE.