3, PHIPPS CLOSE, WHETSTONE, LEICESTER, LE8 6YN - £196,000

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 PHIPPS CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £336,761. It was last sold for £196,000 in October 2010, which was around 13% below the average October 2010 detached price in the Blaby local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

3 PHIPPS CLOSE Sold Prices

Land registry data shows one sale for 3 PHIPPS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Blaby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 22 OCT	£196,000	£225,374	13% below HPI

What might 3 PHIPPS CLOSE be worth now?

3 PHIPPS CLOSE might now be worth an estimated £336,761.

This is based on house price inflation of 71.8%, between October 2010 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 71.8% inflationary increase is applied to the most recent sale price for 3 PHIPPS CLOSE of £196,000 on 22nd October 2010. For the value to have increased from £196,000 to £336,761 over the sixteen years and six months to April 2026, the following assumptions must hold true:

• The value of 3 PHIPPS CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The October 2010 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PHIPPS CLOSE has not materially changed since October 2010.

How Large is 3 PHIPPS CLOSE?

3 PHIPPS CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Whetstone, based on EPC data. The below chart shows the distribution of detached houses by size in Whetstone, and where 3 PHIPPS CLOSE lies on this distribution: 15% of detached houses are smaller than 3 PHIPPS CLOSE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Whetstone.

3 PHIPPS CLOSE: Plot

3 PHIPPS CLOSE sits on a plot of roughly 0.063 of an acre, or 253m².

Where is 3 PHIPPS CLOSE?

3 PHIPPS CLOSE is located in WHETSTONE, in the LE8 postcode district.