2, ABBOTS CLOSE, LEICESTER, LE5 1EH - £230,000

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.

2 ABBOTS CLOSE is a small detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £278,453. It was last sold for £230,000 in May 2020, which was around 27% below the average May 2020 detached price in the Leicester local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2 ABBOTS CLOSE Sold Prices

Land registry data shows three sales for 2 ABBOTS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. All of the three 2 ABBOTS CLOSE sales were for below 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 6 MAY	£230,000	£313,875	27% below HPI
2004 8 OCT	£160,000	£198,446	19% below HPI
2003 3 OCT	£118,000	£171,502	31% below HPI

2 ABBOTS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 2 ABBOTS CLOSE sales between October 2003 and May 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 ABBOTS CLOSE be worth now?

2 ABBOTS CLOSE might now be worth an estimated £278,453.

This is based on house price inflation of 21.1%, between May 2020 and March 2025, for detached 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 21.1% inflationary increase is applied to the most recent sale price for 2 ABBOTS CLOSE of £230,000 on 6th May 2020. For the value to have increased from £230,000 to £278,453 over the five years and two months to March 2025, the following assumptions must hold true:

• The value of 2 ABBOTS CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABBOTS CLOSE has not materially changed since May 2020.

How Large is 2 ABBOTS CLOSE?

2 ABBOTS CLOSE is 104m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leicester, and where 2 ABBOTS CLOSE lies on this distribution: 38% of detached houses houses are smaller than 2 ABBOTS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 ABBOTS CLOSE: Plot and Title Map

2 ABBOTS CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 ABBOTS 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 2 ABBOTS 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 2 ABBOTS CLOSE?

2 ABBOTS CLOSE is located in LEICESTER, in the LE5 postcode district. The below map shows the position of No. 2 on ABBOTS CLOSE.