2, CAIRNS CLOSE, LEICESTER, LE3 2TG - £330,000

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 CAIRNS CLOSE is a midsized detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £386,048. It was last sold for £330,000 in November 2020, which was about the average November 2020 detached price in the Blaby local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

2 CAIRNS CLOSE Sold Prices

Land registry data shows three sales for 2 CAIRNS 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 Blaby local authority area for the corresponding sale date. The three 2 CAIRNS CLOSE sales were a mix of roughly equal to the average price, and 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 20 NOV	£330,000	£329,179	Close to HPI
2013 6 AUG	£226,000	£218,370	3% above HPI
2004 20 DEC	£273,500	£211,500	29% above HPI

2 CAIRNS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The three 2 CAIRNS CLOSE sales between December 2004 and November 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 August 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 CAIRNS CLOSE be worth now?

2 CAIRNS CLOSE might now be worth an estimated £386,048.

This is based on house price inflation of 17%, between November 2020 and May 2026, for 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 17% inflationary increase is applied to the most recent sale price for 2 CAIRNS CLOSE of £330,000 on 20th November 2020. For the value to have increased from £330,000 to £386,048 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 2 CAIRNS CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The November 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CAIRNS CLOSE has not materially changed since November 2020.

How Large is 2 CAIRNS CLOSE?

2 CAIRNS CLOSE is 126m² according to the EPC inspection conducted in March 2012. This puts it in the largest 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 CAIRNS CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 CAIRNS CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Leicester.

2 CAIRNS CLOSE: Plot and Title Map

2 CAIRNS CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 2 CAIRNS 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 CAIRNS 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 CAIRNS CLOSE?

2 CAIRNS CLOSE is located in LEICESTER, in the LE3 postcode district. The below map shows the position of No. 2 on CAIRNS CLOSE.