10, ESTIMA CLOSE, LEICESTER, LE2 3UE - £185,000

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.

10 ESTIMA CLOSE is a very small terraced house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £265,866. It was last sold for £185,000 in April 2018, which was around 28% above the average April 2018 terraced price in the Leicester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

10 ESTIMA CLOSE Sold Prices

Land registry data shows three sales for 10 ESTIMA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Leicester local authority area for the corresponding sale date. All of the three 10 ESTIMA 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
2018 27 APR	£185,000	£144,552	28% above HPI
2016 20 JAN	£150,000	£124,563	20% above HPI
2004 8 JUN	£108,000	£96,525	12% above HPI

10 ESTIMA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Leicester local authority area over time, sourced from the HPI. The three 10 ESTIMA CLOSE sales between June 2004 and April 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 January 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 10 ESTIMA CLOSE be worth now?

10 ESTIMA CLOSE might now be worth an estimated £265,866.

This is based on house price inflation of 43.7%, between April 2018 and May 2026, for terraced houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.7% inflationary increase is applied to the most recent sale price for 10 ESTIMA CLOSE of £185,000 on 27th April 2018. For the value to have increased from £185,000 to £265,866 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 10 ESTIMA CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The April 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ESTIMA CLOSE has not materially changed since April 2018.

How Large is 10 ESTIMA CLOSE?

10 ESTIMA CLOSE is 64m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of terraced houses houses in Leicester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leicester, and where 10 ESTIMA CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 10 ESTIMA CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Leicester.

10 ESTIMA CLOSE: Plot and Title Map

10 ESTIMA CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 10 ESTIMA 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 10 ESTIMA 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 10 ESTIMA CLOSE?

10 ESTIMA CLOSE is located in LEICESTER, in the LE2 postcode district. The below map shows the position of No. 10 on ESTIMA CLOSE.