5, SPENCER CLOSE, GLENFIELD, LEICESTER, LE3 8JW - £421,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 SPENCER CLOSE is a midsized detached house of 120m². It was last sold for £421,000 in May 2024, which was around 5% above the average May 2024 detached price in the Blaby local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

5 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 5 SPENCER 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 5 SPENCER CLOSE sales were 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 30 MAY	£421,000	£402,814	5% above HPI
2017 18 OCT	£354,950	£304,472	17% above HPI

5 SPENCER 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 5 SPENCER CLOSE sales from October 2017 and May 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 October 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2024 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 SPENCER CLOSE?

5 SPENCER CLOSE is 120m² according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 5 SPENCER CLOSE lies on this distribution: 54% of detached houses are smaller than 5 SPENCER CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Leicester.

5 SPENCER CLOSE: Plot and Title Map

5 SPENCER CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 5 SPENCER 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 5 SPENCER 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 5 SPENCER CLOSE?

5 SPENCER CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 5 on SPENCER CLOSE.