7, NORMANDY CLOSE, GLENFIELD, LEICESTER, LE3 8SZ - £125,000

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.

7 NORMANDY CLOSE is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £391,375. It was last sold for £125,000 in September 2001, which was around 2% above the average September 2001 detached price in the Blaby local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

7 NORMANDY CLOSE Sold Prices

Land registry data shows two sales for 7 NORMANDY 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 7 NORMANDY 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
2001 27 SEP	£125,000	£122,992	2% above HPI
1998 15 MAY	£92,000	£84,421	9% above HPI

7 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 two 7 NORMANDY CLOSE sales from May 1998 and September 2001 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 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2001 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 7 NORMANDY CLOSE be worth now?

7 NORMANDY CLOSE might now be worth an estimated £391,375.

This is based on house price inflation of 213.1%, between September 2001 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 213.1% inflationary increase is applied to the most recent sale price for 7 NORMANDY CLOSE of £125,000 on 27th September 2001. For the value to have increased from £125,000 to £391,375 over the 25 years and four months to May 2026, the following assumptions must hold true:

• The value of 7 NORMANDY CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The September 2001 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORMANDY CLOSE has not materially changed since September 2001.

How Large is 7 NORMANDY CLOSE?

7 NORMANDY CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 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 7 NORMANDY CLOSE lies on this distribution: 69% of detached houses houses are smaller than 7 NORMANDY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Leicester.

7 NORMANDY CLOSE: Plot and Title Map

7 NORMANDY CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 7 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 7 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 7 NORMANDY CLOSE?

7 NORMANDY CLOSE is located in GLENFIELD, in the LE3 postcode district. The below map shows the position of No. 7 on NORMANDY CLOSE.