18, BEECHINGS CLOSE, COUNTESTHORPE, LEICESTER, LE8 5PA - £420,000

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.

18 BEECHINGS CLOSE is a midsized terraced house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £445,911. It was last sold for £420,000 in April 2022, which was around 105% above the average April 2022 terraced price in the Blaby local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

18 BEECHINGS CLOSE Sold Prices

Land registry data shows two sales for 18 BEECHINGS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Blaby local authority area for the corresponding sale date. Both of the two 18 BEECHINGS 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
2022 4 APR	£420,000	£204,965	105% above HPI
2015 17 JUL	£220,000	£141,884	55% above HPI

18 BEECHINGS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Blaby local authority area over time, sourced from the HPI. The two 18 BEECHINGS CLOSE sales from July 2015 and April 2022 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 July 2015 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the April 2022 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 18 BEECHINGS CLOSE be worth now?

18 BEECHINGS CLOSE might now be worth an estimated £445,911.

This is based on house price inflation of 6.2%, between April 2022 and May 2026, for terraced 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 6.2% inflationary increase is applied to the most recent sale price for 18 BEECHINGS CLOSE of £420,000 on 4th April 2022. For the value to have increased from £420,000 to £445,911 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 18 BEECHINGS CLOSE has moved in line with the HPI for terraced houses in the Blaby local authority area.
• The April 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BEECHINGS CLOSE has not materially changed since April 2022.

How Large is 18 BEECHINGS CLOSE?

18 BEECHINGS CLOSE is 115m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of terraced houses houses in Countesthorpe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Countesthorpe, and where 18 BEECHINGS CLOSE lies on this distribution: 47% of terraced houses houses are smaller than 18 BEECHINGS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Countesthorpe.

18 BEECHINGS CLOSE: Plot and Title Map

18 BEECHINGS CLOSE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 18 BEECHINGS 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 18 BEECHINGS 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 18 BEECHINGS CLOSE?

18 BEECHINGS CLOSE is located in COUNTESTHORPE, in the LE8 postcode district. The below map shows the position of No. 18 on BEECHINGS CLOSE.