18, SOCKBURN CLOSE, HAMILTON, LEICESTER, LE5 1NR - £180,000

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 SOCKBURN CLOSE is a small terraced house of 96m², built sometime between 2007 and 2011, which could now be worth an estimated £228,901. It was last sold for £180,000 in September 2020, which was around 10% above the average September 2020 terraced price in the Leicester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

18 SOCKBURN CLOSE Sold Prices

Land registry data shows two sales for 18 SOCKBURN 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 Leicester local authority area for the corresponding sale date. Both of the two 18 SOCKBURN 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
2020 25 SEP	£180,000	£163,358	10% above HPI
2007 5 APR	£175,000	£115,341	52% above HPI

18 SOCKBURN 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 two 18 SOCKBURN CLOSE sales from April 2007 and September 2020 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 April 2007 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 18 SOCKBURN CLOSE be worth now?

18 SOCKBURN CLOSE might now be worth an estimated £228,901.

This is based on house price inflation of 27.2%, between September 2020 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 27.2% inflationary increase is applied to the most recent sale price for 18 SOCKBURN CLOSE of £180,000 on 25th September 2020. For the value to have increased from £180,000 to £228,901 over the six years and four months to May 2026, the following assumptions must hold true:

• The value of 18 SOCKBURN CLOSE has moved in line with the HPI for terraced houses in the Leicester local authority area.
• The September 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SOCKBURN CLOSE has not materially changed since September 2020.

How Large is 18 SOCKBURN CLOSE?

18 SOCKBURN CLOSE is 96m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 18 SOCKBURN CLOSE lies on this distribution: 30% of terraced houses houses are smaller than 18 SOCKBURN CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Leicester.

18 SOCKBURN CLOSE: Plot and Title Map

18 SOCKBURN CLOSE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 18 SOCKBURN 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 SOCKBURN 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 SOCKBURN CLOSE?

18 SOCKBURN CLOSE is located in HAMILTON, in the LE5 postcode district. The below map shows the position of No. 18 on SOCKBURN CLOSE.