2, OLD MERE CLOSE, SAPCOTE, LEICESTER, LE9 4GD - £305,000

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 OLD MERE CLOSE is a small detached house of 89m², which could now be worth an estimated £302,174. It was last sold for £305,000 in August 2022, which was around 22% below the average August 2022 detached price in the Blaby local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

2 OLD MERE CLOSE Sold Prices

Land registry data shows two sales for 2 OLD MERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. Both of the two 2 OLD MERE 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
2022 12 AUG	£305,000	£390,853	22% below HPI
2019 10 MAY	£264,950	£310,507	15% below HPI

What might 2 OLD MERE CLOSE be worth now?

2 OLD MERE CLOSE might now be worth an estimated £302,174.

This is based on house price deflation of 0.9%, between August 2022 and April 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 0.9% deflationary decrease is applied to the most recent sale price for 2 OLD MERE CLOSE of £305,000 on 12th August 2022. For the value to have decreased from £305,000 to £302,174 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 2 OLD MERE CLOSE has moved in line with the HPI for detached houses in the Blaby local authority area.
• The August 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD MERE CLOSE has not materially changed since August 2022.

How Large is 2 OLD MERE CLOSE?

2 OLD MERE CLOSE is 89m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Sapcote, based on EPC data. 21% of detached houses are smaller than 2 OLD MERE CLOSE, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Sapcote.

Where is 2 OLD MERE CLOSE?

2 OLD MERE CLOSE is located in SAPCOTE, in the LE9 postcode district.