1, OLD MERE CLOSE, SAPCOTE, LEICESTER, LE9 4GD - £269,000

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.

1 OLD MERE CLOSE is a very small semi-detached house of 88m², which could now be worth an estimated £269,593. It was last sold for £269,000 in August 2024, which was around 5% above the average August 2024 semi-detached price in the Blaby local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

1 OLD MERE CLOSE Sold Prices

Land registry data shows two sales for 1 OLD MERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Blaby local authority area for the corresponding sale date. Both of the two 1 OLD MERE 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 29 AUG	£269,000	£257,125	5% above HPI
2019 30 AUG	£234,950	£205,157	15% above HPI

1 OLD MERE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Blaby local authority area over time, sourced from the HPI. The two 1 OLD MERE CLOSE sales from August 2019 and August 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 August 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2024 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 OLD MERE CLOSE be worth now?

1 OLD MERE CLOSE might now be worth an estimated £269,593.

This is based on house price inflation of 0.2%, between August 2024 and May 2026, for semi-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 0.2% inflationary increase is applied to the most recent sale price for 1 OLD MERE CLOSE of £269,000 on 29th August 2024. For the value to have increased from £269,000 to £269,593 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 1 OLD MERE CLOSE has moved in line with the HPI for semi-detached houses in the Blaby local authority area.
• The August 2024 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD MERE CLOSE has not materially changed since August 2024.

How Large is 1 OLD MERE CLOSE?

1 OLD MERE CLOSE is 88m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of semi-detached houses houses in Sapcote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sapcote, and where 1 OLD MERE CLOSE lies on this distribution: 19% of semi-detached houses houses are smaller than 1 OLD MERE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Sapcote.

Where is 1 OLD MERE CLOSE?

1 OLD MERE CLOSE is located in SAPCOTE, in the LE9 postcode district. The below map shows the position of No. 1 on OLD MERE CLOSE.